New Single-Family Home Size Trending Lower | Eye On Housing

Econ & Housing, The Daily Buzz

By Robert Dietz on May 22, 2023 • An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Home size correspondingly increased in 2021 as interest rates reached historic lows. However, as interest rates increased in 2022, and housing affordability worsened, the…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Elon Musk says home prices will tumble ‘next’—Redfin’s CEO disagrees
Housing market: Why did mortgage rates rise again in May 2023? When will they stop?
What causes “shelling” in pine?
WRLA launches campaign to attract new talent to lumber industry – constructconnect.com
Australia’s Accelerating House-Price Recovery Poses Rates Risk