The decrease is mainly attributed to economic volatility, in particular high interest rates, general uncertainty and observed fluctuations on the stock market. The market volatility “has tempered possible power effects, especially since more than 75% of all company shares and investment funds are held by those 55 or older,” said Nahb.
But the organization also acknowledged that aging as a concept remains in place, because older Americans prepare their plans for life in later life.
As a concept “it becomes” more relevant as the general median era of the population continues to increase, “said Nahb, a recognition of the demographic trends behind the so -called” silver tsunami “.
But the need for home renovations is expected to only increase as time passes.
Although the newer construction has the potential to implement aging concepts during the design phase, NAHB notices that the age of existing housing stock is such that the renovation needs are only expected to rise as the population continues to get older. The group said that “this is a big demand driver for the renovation sector.”
The vast majority (73%) of the aging instead of home modifications belong to the 65-and-old cohort, NAHB found. Those between 55 and 64 years were the most prominent present at 61%.
Younger demography was considerably less likely to enter into such work. Those in the 45-to-54 year bracket accounted for only 15%, while they had 44 and under shares of 2%to 5%.
But a vast majority of renovators reported: “That most or some of their consumers are familiar with the [aging-in-place] Concept. “Since 2018, the figure has remained above 90%, but in Q1 2025 it reached 96%.
With regard to the types of projects that are most common, Grijpstaven were the distant-and-away leader at 87%. These were followed by Curbless shower (78%), higher toilets (71%) and wider door openings (52%), all of which remain the most consistent aging projects that are cited by remodies in various editions of the study.
There are several cases in which academic authorities, consumer surveys and local authorities have intended to warn their constituencies of the need to prepare for an aging population.
A report of Capgemini Earlier this month, the potential effects on real estate insurers warned. In the meantime, states such as Alaska, California, Colorado, Florida, Maine, Massachusetts and New Mexico have taken into account an aging population in various ways.
