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Builder Confidence in the 55+ Housing Market Shows Improvement in the Second Quarter
WASHINGTON, D.C. - August 9, 2012 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes showed improvement in the second quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. The index more than doubled year over year from a level of 13 to 29, which is the highest second-quarter reading since the inception of the index in 2008.
