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Tag: lot size

  • Construction Statistics
  • Single-Family

Share of Smaller Lots Is at New High

Natalia SiniavskaiaJuly 9, 2024July 9, 202407 mins

Close to two thirds (65%) of new single-family detached homes sold in 2023 were built on lots under 9,000 square feet, which is less than 1/5 of an acre. According to the latest Survey of Construction (SOC), this is the highest share on record and reflects stark changes in the lot size distribution over the…

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