The 55+ single-family housing market index (55+HMI) dropped five points to 66 in the first quarter of 2018, according to the National Association of Home Builders (NAHB) (Figure 1). The decline comes after an all-time index high of 71 in the fourth quarter of 2017.
Builder Confidence in the 55+ Housing Market Remains Healthy in First Quarter
Source: NAHB