Construction Time to Build a New Single-Family Home Increases in Latest U.S. Census Bureau Survey
The U.S. Census Bureau’s 2019 Survey of Construction (SOC) is reporting that the average time from start to completion of a single-family house was around 8.1 months. That includes 4 – 6 weeks for authorization and another 7 months to finish the project. That increase in time follows an upward trend in the average time to build a single-family home that started in 2014, when the average time was 7 months from start to finish. Of course, there is a variance from one region of the country to other, with the Southeast the shortest at ~ 6.9 months and the longest the Mid-Atlantic at ~ 12.3 months. Of interest is the difference in time of construction between a home being built by owner (aka custom built) at 13.5 months and housing being built for sale that took only 7 months from start to finish.
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