Latest News

Builder confidence in the 55+ housing market strengthens in second quarter

Aug 03, 2017
Builder confidence in the single-family 55+ housing market strengthened in the second quarter of 2017 with a reading of 66, up 11 points from the previous quarter, according to the National Association of Home Builders (NAHB). This is the 13th consecutive quarter with a reading above 50, which means that more builders view conditions as good than poor.

All three components of the 55+ single-family HMI posted increases from the previous quarter: Expected sales for the next six months increased 12 points to 80, an index high, while present sales rose eight points to 70 and traffic of prospective buyers jumped 19 points to 53, also an index high.

Learn more.
Featured Content

Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.