Monday, August 23, 2010

Home size changes (link)

The McMansion era is over – or at least on hold.

"The average size of new homes has been trending down since 2007. And so have Americans' views on the size of their dream home, according to a new survey released by Trulia, a real estate website. ...

"In the mild 1990-91 recession, the median size of new single-family homes declined ..., according to Census Bureau data (.pdf). Then in 1992, it began a 16-year climb to record highs. ..."

For more background, go to: McMansion era over, at least for now - CSMonitor.com

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