Historic Housing

mcmansion April housing starts were OK. Single family starts were up 8.8% Y-o-Y, 7.4% YTD, and, somewhat surprisingly, have been flat since 10/16. Importantly, trends have emerged. Comparing 15Q1 – peak house size – to today, median and average house sizes are down 130 and 108 square feet respectively. Starts in the South have returned to 1997 levels, in the West to 1992 levels. In the Northeast and Midwest, don’t ask.

Share This Post
Facebook Twitter Email


  1. Mark Marchione says

    I have to ask. How bad was the Northeast and Midwest?

Speak Your Mind


This site uses Akismet to reduce spam. Learn how your comment data is processed.