Experts say more builders are building smaller homes to meet demand for cheaper ownership options.
"For the third year in a row, new homes are shrinking," reports Steve Brown.
Brown is sharing data from the National Association of Homebuilders (NAHB), along with insight from Rose Quint, a researcher at NAHB who recently presented on the data at the building industry's annual conference in Las Vegas.
According to Quint, homes are getting smaller to help more people afford the cost of buying and owning a home.
"Homes have been downsizing in the past three years," Quint said at the event. "This paints a picture of homebuilders trying to respond to the housing affordability crisis we have in the country."
Still, American homes had room to spare. Preliminary data measures out the average size of a new home 2,576 square feet, down from a peak of 2,700 square feet in 2015.
FULL STORY: Builders are shrinking U.S. homes to keep a lid on costs
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Ascent Environmental
Ascent Environmental
Brailsford & Dunlavey
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
Harvard University Graduate School of Design - Executive Education
City of Greensburg
City of Flagstaff
Zhongshan Municipal Bureau of Natural Resources
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Hand Drawing Master Plans
This course aims to provide an introduction into Urban Design Sketching focused on how to hand draw master plans using a mix of colored markers.
