Tag Archive for ‘new single family home size’

New Homes Started With 4 or More Bedrooms Trends Lower

The U.S. Census Bureau’s Survey of Construction’s (SOC) estimate of the number of bedrooms in new single-family homes has shown a declining trend for homes with 4 bedrooms or more since 2015. The most recent SOC data show the number of bedrooms of new homes whose construction began in 2018 (new homes started). Nationally, the number of single-family homes started… Read More ›

New Single-Family Home Size Trending Lower

New single-family home size trended lower during the third quarter of 2019 as interest rates remained low. According to third quarter 2019 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area ticked up to 2,264 square feet. Average (mean) square footage for new single-family homes declined to 2,464 square… Read More ›