The National Association of Home Builders (NAHB) has reported that builder confidence in the single-family 55+ housing market dropped four points to a reading of 68 in the 4th Quarter of 2019. The index remains well above the breakeven point of 50, indicating that more builders view conditions as good than poor. The NAHB also noted that the 4th quarter index is also consistent with the measured upward trend the index has shown since 2013.
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Builder Confidence in the 55+ Housing Market Drops Slightly in Fourth Quarter