It’s a niche market that’s getting the attention of investors and developers. The National Association of Home Builders says there’s strong demand in the 55+ housing sector, but when it comes to satisfying that demand, there’s no “one-size-fits-all” solution.
The association says that builder confidence in the single-family 55+ housing market rose 11 points in the last quarter, to a reading of 66. It’s also the 13th consecutive quarter that this Housing Market Index, or HMI, has been above 50. So, the housing market for active adults has been showing strength for at least three years. And it’s continuing. The reading is based on a median of 50, so anything above that indicates that more builders feel that conditions are good.
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