New Privately Owned Housing Starts in the United States, Median Square Feet of Floor Area for One-Family Units : 2164 (As of 2024-04-01)
Basic Info
The metric "New Privately Owned Housing Starts in the United States, Median Square Feet of Floor Area for One-Family Units" tracks the median size of newly constructed single-family homes at the time construction begins. The use of the median helps to avoid distortion from extremely large or small homes that could skew the average.
Notes: There has been a noticeable pattern of shrinking average housing unit sizes starting in 2015, following a decade-long increase since 1999. This change can be attributed to shifts in consumer preferences, rising construction costs, and ongoing affordability issues. (2024)
Quarterly , seasonally adjusted .
New Privately Owned Housing Starts in the United States, Median Square Feet of Floor Area for One-Family Units was 2164 as of 2024-04-01, according to United States Census Bureau. Historically, New Privately Owned Housing Starts in the United States, Median Square Feet of Floor Area for One-Family Units reached a record high of 2519 and a record low of 2017, the median value is 2254. Typical value range is from 2233 to 2427. The Year-Over-Year growth is -0.73%. GuruFocus provides the current actual value, an historical data chart and related indicators for New Privately Owned Housing Starts in the United States, Median Square Feet of Floor Area for One-Family Units - last updated on 2024-04-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | United States Census Bureau |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 2164 | ||
| Latest Period | 2024-04-01 | ||
| Long Term Average | 2,330.02 | ||
| Average Annualized Growth Rate | +0.27% | ||
| Value from 1 year ago | 2180 | ||
| Change from 1 year ago | -0.73% | ||
| Frequency | Quarterly | ||
| Unit | Thousands | ||
| Download Source | source link |
Related Indicators
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
