Thursday, June 30, 2016

"The housing crisis of the last decade has not slowed the steady trend towards bigger houses with more bathrooms and multi-car garages but these more spacious new homes are now on smaller lots.
The U.S. Census Bureau collects data on characteristics of new housing for the Department of Housing and Urban Development using the Survey of Construction. Annual data from the survey show that the proportion of single-family homes completed in 2015 with four or more bedrooms and three or more bathrooms has been on the rise since 1987. The share of new homes that are 3,000 square feet or more has been increasing since 1999. The same upward pattern applies to homes that are even larger — 4,000 square feet or more..."

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