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From Home Furnishing Business

FastFact: Median Size of New Homes Jumps 23% in 2000s

A new report by the U.S. Department of Housing and Urban Development shows that new single-family homes averaged 2,540 square feet in 2015, up from 2,060 feet in 2000.

The increase occurred despite the 2009 housing market collapse.

The report showed that only 37% of new homes built in 2002 were more than 2,400 square feet. But by 2015, 56% of new houses were at least that size.

For further details about the report, click here.

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