Builder Confidence Index 55+ Housing Market 2nd Quarter 2020

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On July 30, 2020, the National Association of Home Builders (NAHB) reported all single-family homes market 55+ Housing Market Index (HMI) rose 27 points to 65 points in the 2nd quarter of 2020, from 2nd quarter of 2020.

The HMI component current sales higher 24 points to 72 points, the HMI buyer traffic index gained 28 points to 46 points, and HMI component charting future sales expectations jumped 36 points to 70 points for the 55+ Housing in the 2nd quarter of 2020.

The 55+ multifamily condo HMI up 18 points to 47 points, HMI component charting future sales expectations increased 25 points to 52 points, HMI current sales grew 14 points to 50 points, HMI buyer traffic index soar 25 points to 39 points for the 55+ Housing in the 2nd quarter of 2020.

“Like the broader housing market, we are seeing the 55+ housing market return to pre-pandemic levels,” said NAHB Chief Economist Robert Dietz. “However, challenges such as rising lumber costs and availability of skilled labor will limit a more robust recovery.”

For more complete information on National Association of Home Builder Confidence Index 2nd quarter of 2020 for 55+ Housing Market Index, please click HERE

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John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainmaker
3,405,690
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John I can attest to that, having 18 land listings and the number of calls, emails and texts confirm this statistic, Endre

Aug 06, 2020 11:32 PM #1
Rainmaker
3,062,108
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Endre Barath, Jr. you are a knowledgeable experienced Realtor, glad to know you agree with the stats. Thanks for the comment.

Aug 07, 2020 02:28 PM #2
Rainmaker
619,574
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

Aug 21, 2020 09:23 PM #3
Rainmaker
3,062,108
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Sally Crane glad you find the report very helpful. All the best to you list and sell many properties in your area too. Thanks for the comment.

Aug 22, 2020 09:31 AM #4
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Rainmaker
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John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
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