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Monday, June 19, 2017

Lawler: Single-Family Housing Production ‘Shortfall” All In Modestly Sized, Modestly Price Segment

by Calculated Risk on 6/19/2017 07:59:00 PM

A short note from housing economist Tom Lawler: Single-Family Housing Production ‘Shortfall” All In Modestly Sized, Modestly Price Segment

The number of US single-family homes completed last year that had at least 3,000 square feet of floor area (222,000). was higher than any year in the 20th Century save for the year 2000, when 224,000 of such really large homes were completed.

U.S. housing by Square Footagee
LEHC Estimates Based on Latest and Historical Census “Annual Characteristics of Housing”