NAHB’s Senior Housing Stats Show Continued Difficulties

Senior Housing News reports that data for the broad housing market continues to be lackluster and the National Association of Homebuilders 55+ Housing Market Index shows that the senior housing market continues to follow similar trends.  “While we have anecdotal information that some local 55+ markets are beginning to rebound, the third-quarter data show that national conditions for this sector have not yet turned the corner,” said NAHB’s Chief Economist, David Crowe. “Real improvement won’t happen until we have better employment numbers, and consumers who are more confident of keeping their jobs. Those consumers will buy the homes of the 55+ age cohort, so that the mature buyers will be able to move to more appropriate housing.”

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