Homes Are Growing Bigger Again
Reversing a 6-year trend, new single-family homes get bigger, so how are we using the extra space?
We all know home prices are rising. In fact, prices rose 19.5% year-over-year in September, according to the S&P CoreLogic Case-Shiller Home Price Index.¹ But did you know that for the first time in six years, home sizes are also rising?
Over 20 years (the scope of our analysis), homes have grown about 15%, but the growth has not been steady. I...
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