How Downsized Building Trends Affect Bedrooms and Bathrooms

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Posted To: MND NewsWire

Builders are struggling to construct homes that are affordable to a greater number of buyers, especially those on the entry level, and they are finding building smaller and leaner is one way to go. Using data from the U.S. Census Bureau’s Survey of Construction (SOC) and its Quarterly Starts and Completions by Purpose and Design , the National Association of Home Builders (NAHB) has analyzed the steadily declining size of new houses and the shift in the number of bedrooms and bathrooms within. The decline in the average size of homes constructed since 2016 has been slow but steady (the median size is more volatile) and reached 2,464 square feet (sf) in the third quarter of 2019. The one-year moving average is slightly higher at 2,521sf. NAHB chief economist Robert Deitz says the post-recession…(read more)

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