According to the National Association of Home Builders 55+ Housing Market Index, single-family builder confidence among the senior housing development market increased over the last year. During the third quarter of this year, the index rose to 59. On the scale, a score of 50 marks the point where positive gains surpass negative. Additionally, the 55+ Housing Market Index for multifamily condos also increased from 37 in 2013 to 41 in the third quarter of 2014. Experts believe the growth is due to a growing population of seniors desiring relocation to a new home or an upgrade of their current home in their retirement years. More here
