ResiClub: Homebuilders Turning to Smaller Builds
February 7, 2024
•
2
min read
Housing affordability is so strained that some homebuilders are turning to smaller builds
ResiClub leveraged Parcl Labs' data to highlight 'shrinkflation' in the new construction sector. Parcl Labs’ data showed a 3% decrease in the average square footage of new homes from 2022 to 2023 and a 12% decline over the past decade, underscoring a persistent trend of smaller new home builds.
.png)
.png)
.png)