Over the past several years builders have been trying to construct more affordable – entry-level homes. In order to do that the size of the average starter home has been shrunk. However, the data from the first quarter of 2020 U.S. Census Bureau’s Quarterly Starts and Completion by Purpose and Design is reporting that median single-family square floor areas has increased to 2,291 square feet. The COVID-19 pandemic has given an even greater importance to the role of family housing and as a result, first time buyers are looking for additional square footage, space for a home office, or home gym, or a multipurpose area.
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New Single-Family Home Size Declines Ending?