Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Builders See Continued Improvement in U.S. 55+ Housing Market
Feb 7, 2013
 Printable format
 Email this Article
 Search

The segment of the housing industry that caters to 55+ homebuyers and renters is expected to continue improving in 2013, according to the National Association of Home Builders (NAHB).

NAHB gathered industry experts during the International Builders' Show in Las Vegas in late-January, 2013, to discuss the view of the 55+ housing industry. There, experts said they expect the trend to continue as the share of 55+ households in the United States continues increasing through 2020.

"NAHB is projecting that the number of housing starts in 55+ communities will increase 22% to 74,302 units in 2013, and another 20% to 89,071 in 2014," said Paul Emrath, NAHB's vice president of survey and housing policy research.

Builders and developers are seeing more interest in 55+ housing, but also action, as more people actually move to purchasing a new home.

"We are seeing more consumers overcome the inertia of waiting on the sidelines to buy a new home as they become more confident in their local market conditions," said Bob Karen of Owings Mills, MD, incoming chairman of NAHB's 50+ Housing Council.

The reason, experts believe, is that potential buyers are finding they can more easily sell their existing homes.

Back to Daily News

 

Daily News

...........................................................

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Ar├želik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows