Eye On Housing
In 2021, 9.1 percent of new single-family homes were built in an older neighborhood on a site where a previous structure had to be torn down and rebuilt, according to the latest Builder Practices Survey (BPS) conducted by Home Innovation Research Labs. Another 18.5 percent were built on an infill lot in an older neighborhood. The BPS places new homes… Read More ›
According to the latest Annual Builder Practices Survey (ABPS), one in four new single-family detached homes were built in established neighborhoods in 2020. This includes 19% of new homes that were built on infill lots and 6% that involved tearing down an old building prior to building a brand new single-family detached home. These shares vary significantly across the United… Read More ›
Roughly 6.8 percent of single-family homes started in 2017 qualify as tear-down starts, according to NAHB’s latest estimates. This is down from 10.2 percent in 2016, due primarily to the sharp reversal of a 2016 spike in tear-down percentages reported from the western part of the country. The abovementioned results come from special questions appended to the February 2018 survey for the NAHB/Wells Fargo Housing Market… Read More ›
Roughly 10.2% of single-family homes started in 2016 qualify as tear-down starts, up from 7.7% in 2015, according to the latest estimates from NAHB. As defined here, a tear-down start means a home built on a site where a previous structure or evidence of a previous structure was present before the new home was started, as reported by the new home’s… Read More ›
Approximately 7.7% of single-family home starts in 2015 were attributable to tear-down related construction, according to the latest estimates from NAHB. Tear-down starts refer to construction of a home on a site where a previous structure was torn down before the new home could begin development. NAHB estimates 55,000 total tear-downs for 2015. Anecdotal evidence suggests that tear-down construction has become a… Read More ›