A Rising Market Share of 5,000+ Square Foot Homes
New homes with 5,000 square feet or more of living space increased both as a share of all new construction and in absolute number in 2015, according to the Census Bureau’s Survey of Construction. In 2015, the share of new homes this size reached a post-recession peak of 3.9 percent of new homes started. The total number of 5,000+ square-foot homes started that year was 28,000 units.
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