Custom Home Building Annual Share Declines

The U.S. Census Bureau’s Survey of Construction (SOC), reports that the custom home share declined to 19.5% of all single-family homes started in 2018—lowest since mid-2000. Contractor-built or owner-built houses – that together make up the custom home market – are built one house at a time for owner occupancy on owner’s land with either the homeowner or a builder acting as the general contractor. The alternative is a home built on the builder’s land, with the builders intention of selling the house and land in one transaction.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.