The Building Industry Association of Greater Louisville
  • Home
  • Member Services
    • Pay My Bill
    • Find a BIA Member
    • Become A Member
    • Sponsorships
    • Join a Committee
    • Job Board
    • Member to Member Emails
    • Publications
    • BIA Staff and Board of Directors
  • Greater Louisville Community
    • Greater Louisville Relocation Guide
    • Find an Industry Professional
    • Find a Registered Builder
    • Find a BIA Registered Remodeler
    • Request for Conciliation
  • Events
    • Public Events >
      • Home, Garden & Remodeling Show
      • Homearama 2020
      • Homearama 2021
      • Tour of New Homes
      • Tour of Remodeled Homes
    • Member Events
    • BIA Calendar
  • EDUCATION
    • BIA Calendar
    • Class Descriptions and Rules
  • News
    • BIA Blog
    • BIA Members In The News
    • Industry News
    • BIA Social Media
  • Job Board

INDUSTRY NEWS

Builder Confidence in the 55+ Housing Market Remains High in Fourth Quarter

2/4/2021

0 Comments

 
NAHB Home
NAHB - Builder confidence in the single-family 55+ housing market remained high in the fourth quarter, inching down one point from an all-time high to 82, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today.
There are two 55+ HMIs measuring distinct segments of the 55+ housing market: single-family homes and multifamily condominiums. Each 55+ HMI measures builder sentiment based on a survey that asks if current sales, prospective buyer traffic and anticipated six-month sales for that market are good, fair or poor (high, average or low for traffic).

"Builders continue to report a strong market for the 55+ housing segment,” said Harry Miller III, chairman of NAHB’s 55+ Housing Industry Council and president of Regal Builders LLC in Dover, Del. “However, in some parts of the country we are seeing some lost interest in multifamily communities due to COVID-19 concerns.”
Two of the three index components of the 55+ single-family HMI decreased in the fourth quarter: present sales dropped one point to 87, expected sales for the next six months fell seven points to 83 and traffic of prospective buyers remained unchanged at 69.

To read the full article on the NAHB website, click here.

For the full 55+ HMI tables, please visit nahb.org/55hmi.

0 Comments



Leave a Reply.

    Categories

    All
    Housing Market
    NAHB
    Remodeling
    Rental Housing

    Archives

    February 2021
    January 2021

Premier Sponsors

Bonnycastle Appliance
Logan Lavelle Hunt
Carter Kitchen and Bath
Century Entertainment and Furnishings
L&N Federal Credit Union
PC Home Center
K-I Lumber
River City Bank

Strategic Sponsors

Automated Living
Carpet Specialists
Louisville Insulation
Picture
REMAX

Supporting Sponsors

RJ Thieneman
Sam Kinnaird's Flooring
Transitions Lift & Elevator

HONOR ROLL MEMBERS

ASSOCIATES: 1st Choice Insulation/T & N Holdings | A-1 Interior Trim | Bardenwerper, Talbott and Roberts | Berkshire Hathaway HomeServices, Parks & Weisberg Realtors | Bonnycastle Appliance & TV, Inc. | Builders FirstSource | Caliber Home Loans | Carter Kitchen/Bath & Millwork | Century Entertainment & Furnishings | Century Mortgage | Cunningham Door & Windows | Daugherty Insurance Agency, Inc. | Ditsler Insurance Agency, LLC | Door Store and Windows | ECS Southeast, LLP | Jones Landscape + Design | K-I Lumber & Building Materials | L&N Federal Credit Union | Lincoln Insurance Agency, Inc. | Living Spaces by Lyn | Logan Lavelle Hunt | PC Home Center | Quality One Steel Design | River City Bank | Sam Kinnaird’s Flooring Outlet, Inc | Screens of Kentucky, LLC | Wilson & Muir Bank & Trust Company
BUILDERS: Clifford Thieneman Co. LLC | P.L. Lyons Architectural Builders | Rich Heareth/Perfection Builders | Tom Waller Signature Homes
Member Directory
Staff
Calendar of Events
Sponsorship Opportunities
Become a Member
Pay My Bill
  • Home
  • Member Services
    • Pay My Bill
    • Find a BIA Member
    • Become A Member
    • Sponsorships
    • Join a Committee
    • Job Board
    • Member to Member Emails
    • Publications
    • BIA Staff and Board of Directors
  • Greater Louisville Community
    • Greater Louisville Relocation Guide
    • Find an Industry Professional
    • Find a Registered Builder
    • Find a BIA Registered Remodeler
    • Request for Conciliation
  • Events
    • Public Events >
      • Home, Garden & Remodeling Show
      • Homearama 2020
      • Homearama 2021
      • Tour of New Homes
      • Tour of Remodeled Homes
    • Member Events
    • BIA Calendar
  • EDUCATION
    • BIA Calendar
    • Class Descriptions and Rules
  • News
    • BIA Blog
    • BIA Members In The News
    • Industry News
    • BIA Social Media
  • Job Board