Builder Confidence in Boomer Market Takes a Dive

Home builder confidence in the single-family 55-plus housing market took a dive in the first part of the year, according to the National Association of Home Builders’ (NAHB) recently released 55+ Housing Market Index (HMI). The Index reading for the first quarter of 2017 was 55—down from 67, a post-recession high, in the fourth quarter of 2016. An above-50 reading indicates more builders have a positive outlook than a negative one.
“Although builder sentiment in the 55-plus hou