Basements Didn’t Matter: New Homes Were Still Larger in 2015
A recent NAHB post shows that, after rising to a record high, the size of new single-family homes has leveled off and, as of the second quarter of 2016, is now trending downward slightly.
Several things could be responsible. NAHB (and others) have emphasized a changing mix of repeat and first-time home buyers. Before focusing exclusively on this, however, it would be good to eliminate technical details, such as the way square footage of a home is calc
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