Eye On Housing
The 55+ Single-Family Housing Market Index (55+ HMI) jumped 12 points to reach a record high of 71 in the fourth quarter of 2017, according to the National Association of Home Builders (Figure 1). The fourth quarter also marks the 15th consecutive quarter in which the index has been above 50, the break-even point at which more respondents view conditions as… Read More ›
Builder confidence in the 55+ housing market remained in positive territory in the third quarter of 2017, with a single-family 55+ housing market index reading (55+ HMI) of 59 (Figure 1). The index dropped seven points this quarter, but it is the 14th consecutive quarter in which it has been above 50, the break-even point at which more respondents view… Read More ›
The National Association of Home Builders’ (NAHB) single-family 55+ Housing Market Index (55+ HMI) dropped 12 points to 55 in the first quarter of 2017, after an unusually high index reading of 67 in the fourth quarter of 2016. Despite the drop, the 55+ HMI still remains above 50, which means that more builders view conditions as good than poor… Read More ›