Tag: housing trends
NAHB Announces Top Sustainable and Green Building Trends and Features in Homes
Energy efficiency is a primary driver in home buyer preferences, according to research from NAHB revealed today during a press conference held in conjunction with the 2021 IBSx.
NAHB Identifies Top Features and Design Trends for 2021 in the Wake of COVID-19
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.
Top 3 Home Qualities Customers Want for Better Living at Home
Customers will likely focus on comfort, wellness and efficiency — high-performance trends already on the rise prior to the pandemic, according to the 2020 Green SmartMarket Brief and the 2019 What Home Buyers Really Want survey.
Multifamily Construction Shifts to Lower-Density Markets
Housing demand for not only single-family homes, but multifamily developments as well, continued to shift to lower-density, more affordable markets in the third quarter of 2020, according to data from the latest NAHB Homebuilding Geography Index (HBGI).
Home Owners Shift Expenses from Entertainment to Home Improvement
HomeAdvisor’s latest “State of Home Spending” survey revealed that home owners spent an average of $13,138 on home-improvement projects in 2020, compared to $9,081 in 2019.
Suburban Housing: Increased Trend or Permanent Shift?
In the wake of the COVID-19 pandemic, certain patterns and trends have begun to emerge in the housing industry — in particular, higher demand for housing in lower-density areas. How much of these trends, though, are actually a change in demand or behavior, or just a continuation of existing trends that may have been accelerated through COVID?
Low Mortgage Rates Converting More Passive Buyers into Active Buyers
NAHB’s most recent Housing Trends Report finds that, of the 13% of American adults considering a future home purchase in the third quarter of 2020, 50% have moved beyond planning and are actively trying to find one to buy — compared to 44% a year ago.
Home Buying Interest Increases Amid COVID-19
According to data from NAHB’s latest Housing Trends Report, in the third quarter of 2020, the share of Americans who are considering purchasing a home in the next 12 months increased one percentage point over last year — the first year-over-year gain in the three-year history of this series.
How Timber Housing Can Meet Housing Demand and Occupant Needs
If the housing supply is to meet demand, the construction industry will need to innovate how it can deliver high-quality multifamily buildings more efficiently. Mass timber promises such a disruption.
Addressing the Needs of Middle-Income Seniors
The “missing middle” of seniors have too much income to qualify for public assistance, but they are not affluent enough to access different housing choices or personal services. So how does the home building industry provide the kind of housing this population wants and needs?
