Builder confidence in the 55-plus housing market for single-family homes went up four points to 18 compared with the same period a year ago, according to the latest National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI).
The 55-plus multifamily condo HMI also showed improvement, with an index level up six points to 14.
Present sales rose five points to 12, expected sales for the next six months rose three points to 17, and traffic of prospective buyers increased five points to 15.
