New Urbanism Means Never Having to Say You're Sorry

New Urban News reports that even as housing costs plummet and construction is halted on single-family homes across the country, traditional neighborhood developments and TODs are thriving.

1 minute read

October 19, 2008, 7:00 AM PDT

By The Intrepid Staff


The US lending crisis has cut homebuilding nearly everywhere, but walkable, transit-oriented developments are suffering least...

Housing construction across the US has dropped to its lowest volume since 1991, and many new urbanist developments are seeing their sales fall off. The latest Standard & Poors/Case Shiller Home Price Indices, released at the end of September, show that prices of existing single-family houses in 20 large metropolitan areas sank by a stunning 19.5 percent in the past two years.

Traditional neighborhood developments (TNDs) and other new urban projects have been wounded like the rest of the real estate industry, but generally not as severely. The downturn is more acute in the automobile-dependent fringes of metropolitan areas than in walkable, transit-connected locations.

Thanks to The Intrepid Staff

Monday, October 13, 2008 in New Urban News

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I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

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