NAHB Economist Discusses Latest 55+ Housing Market Index

Builder confidence in the 55+ housing market for single-family homes showed improvement in the second quarter of 2012 compared to the second quarter of 2011, according to NAHB’s 55+ Housing Market Index (HMI). The index more than doubled year over year from a level of 13 to 29, which is the highest second-quarter reading since the inception of the index in 2008. Watch NAHB Economist Paul Emrath discuss the results of the survey.