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Square Footage Shrinks in Response to First-Time Homebuyers

January 14, 2017 5:03 am

The average home built in 2016 was 2,634 square feet, smaller than homes built the year prior, per recent data by the U.S. Census Bureau. The downsize, according to the National Association of Home Builders (NAHB), is in response to first-time homebuyers. “The data on new home characteristics show a pattern,” says Rose Quint, assistant […]

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