The National Association of Home Builders’ Eye on Housing recently reported that the 55+ housing market strengthened in 3Q 2016, according to their Housing Market Index. The third quarter results show single-family 55+ housing at 59 points, up 2 points from the previous quarter. This marks the 10th consecutive quarter that the number has remained above 50 on the single-family HMI. The NAHB produces two separate 55+ HMI’s, one for the single-family market, and another tracking the condominium market. The condo HMI was up 1 point at 48.
Click here to read the full report at the NAHB’s Eye on Housing.
