The Change Mariner

Aging Boomers Drive Demand For New Communities

The Day.com:

Across Connecticut, aging baby boomers are driving up sales of homes that offer swimming pools, woodland hiking paths and golf courses.

...In the past five years, an estimated 30 so-called active-adult communities have been built in Connecticut and about a dozen more are waiting to be approved by municipal land-use boards, The Hartford Courant reported Sunday.

... The homes are part of a growing segment of the housing market that began in retiree-rich Florida and now caters to the rising population of men and women 55 and older in Connecticut and elsewhere.

The number of 60-plus residents is expected to increase from 13 percent of the population to 20 percent by 2020, according to the state's Commission on Aging.

The National Association of Homebuilders estimates the nation's 50-plus population is growing at a rate of 10,000 a day.

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