Custom Home Magazine reports that not only are home sizes down for the first time in 30 years, but the number of bedrooms and bathrooms is down in new homes as well.
2009 saw a decrease in square footage of the average new home from 2,520 square feet in 2008 to 2,480 square feet. Also, the number of new homes with 3 bedrooms or more has decreased from 29% of new homes to 24%.
Jenny Sullivan reported on the trend from a press conference at the International Builders Show in Las Vegas: "The results of a consumer survey of Better Homes and Gardens (BHG) readers, also announced during the press conference, suggests that home buyers are aligned with builders in their thinking. Features consumers said they most wanted in a new home included efficient HVAC systems (76 percent), Energy Star appliances (79 percent), efficient design (66 percent), and natural light (65 percent)."
FULL STORY: Home Sizes Continue to Shrink
New Single-Family Homes Shrank in 2019
The Census Bureau's "Characteristics of New Housing" report shows declining size among single-family homes built and sold new in 2019.
Study: A McMansion Can't Buy Happiness
As houses grow and households shrink, many Americans have a lot more space to themselves. But recent research says they aren't any happier trying to keep up with Joneses.
Home Builders Aren't Building the Smaller Homes the Market Wants
It's time to get demand and supply on the same page, according to this report.
Seattle Legalizes Co-Living
A new state law requires all Washington cities to allow co-living facilities in areas zoned for multifamily housing.
NYC Officials Announce Broadway Pedestrianization Project
Two blocks of the marquee street will become mostly car-free public spaces.
The City of Broken Sidewalks
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Southeast LA Road Safety Advocates Call for Improved Infrastructure
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USDOT: Low-Income Households Bear Highest Transportation Cost Burden
Transportation costs are the second-highest household expenditure behind housing for all income levels.
Minneapolis Awards Affordable Housing Funds
The city awarded over $17 million to affordable housing construction and rehabilitation projects.
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