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The average home size peaked in 2015 and then declined, remaining flat until this year when it reached 2,486 square feet, said Rose Quint, assistant vice president for survey research with NAHB. “We do expect it to increase in 2021,” she added, noting that the organization saw a similar pattern with the number of consumers who wanted homes with four or more bedrooms at 46 percent, and three or more full bathrooms, at 33 percent.  Read More

After years of underbuilding, housing starts almost hit 1.45 million in 2020, with single-family starts closing in on a million for the year.  Read More

“We are hearing from builders that they want hard surface products that reduce noise,” Gibson said. “Builders are anticipating longer times at home. This is not a short-term solution; [the pandemic] is changing the way homes are designed and the need to mitigate sound will continue.” He noted the company’s RevWood line in particular is designed with a cushion on the back to help reduce the transmission of sound. Read More

The global stone flooring market grew at a CAGR of around 7% during 2015-2020. Stone flooring is a kind of flooring manufactured using natural solid rocks. The rocks are cut into slabs and further processed to get the desired shape and polish. Slate, marble, limestone, granite and sandstone are some of the commonly used stones for flooring applications. Read More

Housing production softened in January as rising lumber prices continue to affect the housing industry. Overall housing starts decreased 6.0 percent to a seasonally adjusted annual rate of 1.58 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Read More

Strong buyer demand helped offset supply chain challenges and a surge in lumber prices as builder confidence in the market for newly built single-family homes inched up one point to 84 in February, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Read More

Energy efficiency is a primary driver in home buyer preferences, according to research from the National Association of Home Builders (NAHB), revealed during a press conference in conjunction with the 2021 NAHB International Builders' Show® virtual experience (IBSx). Read More

After declining for four years, a number of key trends-including the average size of the home and the number of bedrooms and bathrooms-reversed course in 2020 as a result of shifting buyer preferences in the wake of COVID-19. The average size home remained flat at 2,486 square feet, while the percentage of homes with four or more bedrooms and three or more bathrooms rose to 46 percent and 33 percent, respectively-rising closer to 2015 peaks. Read More

Spending on residential improvements will continue to grow at a healthy pace over the next two years, according to experts speaking at an online press conference hosted by the National Association of Home Builders (NAHB) Remodelers during the 2021 International Builders' Show virtual experience (IBSx). Professional remodelers from across the country agreed with the forecast, citing increased demand during COVID-19 and consumer confidence. Read More

Soaring lumber prices are adding thousands of dollars to the cost of a new home, pricing out millions of potential home buyers and impeding the residential construction sector from moving the economy forward, according to the National Association of Home Builders (NAHB). Read More