New Single-Family Home Size Increases

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Reversing a trend over the past couple years, the sizes of new single-family homes have been increasing since the start of 2018. The NAHB’s Eye on Housing recently dug into data from the U.S. Census Bureau to show that the median single-family square floor area increased to 2,436 square feet and the average (mean) square footage increased to 2,641 square feet.  It’s also been reported Americans are physically getting larger/fatter…..coincidence???

Click here to read the full story on the NAHB’s Eye on Housing.

 

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Director of Education & Outreach, National Real Estate Investors Association