Tag Archive for ‘home size’

Little Change for New Single-Family Home Size

The typical size of newly built single-family homes was effectively unchanged from the third to fourth quarter of 2015. The current data is consistent with the general trend of flat growth for the size of typical newly-built homes, a pattern that took hold during 2014. As first-time buyers return to the market, typical home size is expected to trend somewhat lower. According to fourth quarter 2015 data from the Census Quarterly Starts… Read More ›

New Single-Family Home Size Trends Flat

The typical size of newly built single-family homes was effectively unchanged from the first to second quarter of 2015, posting small quarterly declines. The current data is consistent with the general trend of flat growth for the size of typical newly-built homes, a pattern that took hold during 2014. As first-time buyers return to the market, typical home size is expected to trend somewhat lower. According to second quarter 2015… Read More ›

Single-Family Home Size Leveling Off as Market Recovers

The average size of newly built single-family homes has declined for two consecutive quarters as the overall housing market recovers. Despite the recent leveling, current new home sizes reflect post-recession increases due to an atypical mix of home buyers. As more first-time buyers return to the market, typical home size will continue to post slight quarterly declines. According to third quarter 2014 data from the Census Quarterly Starts and… Read More ›

Top Posts of 2013: New Single-Family Home Size Rising

With the end of 2013 approaching, NAHB’s Eye on Housing would like to take a look at the updates that attracted the most readers over the last year.  In September, we explored the post-recession rise in single-family home size. —————————– The size of a typical new single-family home rose in second quarter of 2013 continuing a post-recession trend. The recent increase… Read More ›

New Single-Family Home Size Rises

The size of a typical new single-family home rose in second quarter of 2013 continuing a post-recession trend. The recent increase in size is likely due to an atypical mix of buyers. According to data from the Census the Quarterly Starts and Completions by Purpose and Design survey, the average and median size of single-family homes started during the second… Read More ›

The Geography of Home Size and Occupancy

A new research paper from NAHB Economics examines the geography of the relationship between home size and the number of people residing in a given home.  It is well-known that home sizes, on average, increase as one moves from the central city to the suburbs. As a result, a stereotype exists of that people living in larger homes in the suburbs are… Read More ›