As the housing recovery continues, seniors appear to be getting back in the mix, as the National Association of Home Builders’ 55+ Housing Market Index recorded a new high of 59 in the third quarter of 2014. The uptick is a nine-point improvement from 2013 and 24 points better than the same point in 2012.
The rise was precipitated by improvements across the board—present sales, expected sales for the next six months, and prospective buyer traffic. It also marked the 12th straight quarter of annual gains.
PB Topical Ref
