Tag Archive for ‘SOC’

Time to Build a Single-Family Home in 2018

The 2018 Survey of Construction (SOC) from the Census Bureau shows that the average completion time of a single-family house is around 7.7 months, which in general includes almost a month from authorization to start and another 6.7 months to finish the construction. The time from authorization to completion varies across the nation and depends on the geographic location, metropolitan… Read More ›

Single-Story Home Construction Increased in 2018

Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows that the share of two or more stories homes started is greater than one story homes in 2018, but the two-story share decreased compared to 2017. The greatest concentration of two or more story homes was in divisions along the coasts of the country…. Read More ›

Share of New Homes with Fireplaces Drops to Record Low

Only 41 percent of single-family homes started in 2018 included fireplaces, according to NAHB tabulation of recently released data from the Survey of Construction (produced by the U.S. Census Bureau with partial funding from HUD).  This percentage is the lowest on record since NAHB began tabulating the data in a consistent fashion in 2001.  Since 2015, the share of single-family… Read More ›

New Home Price Data Underscore Affordability Problems

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development, combined with recent NAHB survey data, show a mismatch between the actual prices of new homes and the prices buyers expect to pay—providing further evidence for the growing problem of housing affordability. At the end of August, the Census Bureau released 2018 data from… Read More ›

Share of New Homes with Patios Climbs over 58 Percent

Of the roughly 850,000 single-family homes started in 2017, 58.6 percent included patios, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD).  Among the outdoor features captured in the SOC, this makes patios considerably more common than decks (included on 23.8 of homes started in 2017),… Read More ›

Garages in New Homes: 2017 Data

A majority of new homes that completed construction in 2017 included two-car garages, according to NAHB analysis of 2017 Census Bureau Survey of Construction data. There is clear uniformity for parking options in new homes completed across the Census divisions. Except for West North Central division, the 2-car garage was the largest share of the completed homes in all other divisions…. Read More ›

Share of New Homes with Decks Remains Stable

Of the roughly 850,000 single-family homes started in 2017, 23.8 percent included decks, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD).  This is little changed from the 23.7 percent recorded a year earlier. From 2005 to 2008, the share of new homes with decks was… Read More ›

In Four Southern States, Nearly 90 Percent of New Homes Have Porches

Of the roughly 850,000 single-family homes started in 2017, 64.7 percent were built with porches, according to NAHB tabulation of data from the Survey of Construction (SOC).  The SOC is conducted on an ongoing, monthly basis by the U.S. Census Bureau, partially supported with funding from the Department of Housing and Urban Development. Among other things, the SOC data show that, over the… Read More ›

Apartment Construction Times Lengthened in 2017

The average length of time to complete construction of a multifamily building, after obtaining authorization, was 15.7 months according to the 2017 Survey of Construction (SOC) from the Census Bureau. The authorization-to-completion time has been on an upward trend since 2013, increasing by approximately one month each year. The average time to build multifamily homes varies with the number of… Read More ›

Time Needed to Build a Single-Family Home in 2017

The 2017 Survey of Construction (SOC) from the Census Bureau shows that the average completion time of a single-family house is around 7.5 months, which usually includes almost a month from authorization to start and another 6.5 months to finish the construction. The average completion time in 2017 was the same as it was in 2016, but it was longer… Read More ›