The share of newly built single-family homes on the market is at a record high as builders try to keep up with surging homebuyer demand fueled by low mortgage rates, low inventory and remote work, said Redfin, Seattle.
Tag: New Home Construction
For Houses, More Bedrooms; Apartments, Less Space
In this pandemic-induced new normal, size matters if you’re a homeowner: average size of new single-family homes are bigger today than they were 10 years ago while apartment sizes appear to be shrinking, according to a new report from StorageCafe.