Single-family homes built in 2022 were smaller, taller, and more commonly started “off-site”
Housing Wire
JULY 26, 2023
Builders are shifting their focus to smaller, taller, and off-site homes as a response to high interest rates, financing costs and softer home buying demand, Zillow economist Orphe Divounguy said in a recent blog post. Compared to pre-pandemic levels, single-family home starts in 2022 exceeded 2019’s starts by 14.3%.
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