ResiClub: Homebuilders Turning to Smaller Builds
February 7, 2024
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2
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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.
