Builder Confidence in 55+ Housing Market Bounces Back
Builder confidence in the single-family 55+ housing market bounced back in the second quarter, jumping 27 points to 65, according to the National Association of Home Builders' 55+ Housing Market Index.
The 55+ HMI measures two segments of the 55+ housing market: single-family homes and multifamily condominiums. Each segment of the 55+ HMI measures builder sentiment based on a survey that asks if current sales, prospective buyer traffic and anticipated six-month sales for that market are good, fair or poor (high, average or low for traffic).