Tag Archive for ‘55+ housing’

Age-Restricted New Homes: Same Size, Slightly Pricier

Of the roughly 990,000 single-family and 389,000 multifamily homes started in 2020, 46,000 (28,000 single-family and 18,000 multifamily) were built in age-restricted communities, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD).  A residential community can be legally age-restricted, provided it conforms the one of the… Read More ›

55+ Housing Market Index Reaches All-Time High in Third Quarter

Builder confidence in the single-family 55+ housing market reached an all-time high, jumping 18 points to 83 in the third quarter of 2020, according to the National Association of Home Builders (NAHB) (Figure 1). 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… Read More ›

Age-Restricted Homes Slightly Smaller, Pricier than Others Started in 2018

Of the roughly 875,000 single-family and 375,0000 multifamily homes started in 2018, 29,000 and 31,000, respectively, were age-restricted according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD).  A housing development can legally restrict the ages of its residents, provided it conforms to one of the set… Read More ›

55+ Housing Market Remains Solid in Second Quarter

Builder confidence in the 55+ housing market remained solid in the second quarter with a single-family 55+ Housing Market Index (55+ HMI) reading of 71, down one point from the first quarter of 2019, according the National Association of Home Builders (NAHB) (Figure 1). The drop in the index from the first quarter was due to a slight softening in… Read More ›

55+ Housing Market Opens First Quarter with Record High

The NAHB single-family 55+ Housing Market Index (55+ HMI) rose six points to 72 in the first quarter of 2019, indicating that builder confidence in the 55+ housing market continues to strengthen (Figure 1). The index reading is the highest since the inception of the index in 2008. The 55+ HMI measures two segments of the 55+ housing market: single-family… Read More ›

55+ Housing Market Index Remains in Positive Territory

Builder confidence in the 55+ single-family housing market remains in positive territory with the 55+ single-family housing market index (55+ HMI) increasing one point to 67 in the second quarter, according to the National Association of Home Builders (NAHB) (Figure 1). There are separate 55+ HMIs for two segments of the 55+ housing market: single-family homes and multifamily condominiums. Each… Read More ›

55+ Housing Market Ends Fourth Quarter on Record-High

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 ›

Boomers Prefer Suburbs and Cul de Sacs

NAHB’s recently published Housing Preferences of the Boomer Generation shows that homebuyers in the Baby Boom Generation want a suburban neighborhood consisting of all single-family detached homes more often than any other community feature (of the 19 listed), and nearly 80 percent prefer a cul de sac over efficient traffic flow when given the choice. These results are based on a survey… Read More ›