Home buyer preferences have continued to reverse trends in home building as builders work to respond to new interests in the wake of COVID-19, according to reports from the National Association of Home Builders (NAHB).
Increased desire for bigger homes, suburban locations and more outdoor amenities are driving new home design, resulting in a rise in the average size of a new home to 2,524 square feet, and the percentage of new homes with 4+ bedrooms and 3+ full bathrooms to 46% and 34%, respectively.