Share of New Homes with Porches Dips Below 64 Percent

2022-10-14T07:27:14-05:00

Of the roughly 1.1 million single-family homes started in 2021, 63.4 percent came with porches, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development). This marks the first time the share of single-family homes with porches has dipped below 64 percent since 2015.  From 2016 through 2020, the share was consistently above 64 percent, even above 65 percent in 2016 and 2020.  However, none of the year-to-year fluctuations have been very large.  The bottom line is that the share of new homes built with porches has hovered in a relatively narrow band between 63 and 66 percent since 2009. The Census Bureau’s SOC data can be tabulated for each of the country’s nine Census divisions.  Traditionally, porches on new homes have been most common in the four states that make up the East South Central division.  That was once again true in 2021, when 87 percent of single-family homes started in the East South Central had porches, followed at a distance by 74 percent in the Mountain, 73 percent in the East North Central, and 71 percent in the Pacific divisions. The SOC provides information about the number of new single-family homes with porches, but not many details about the porches beyond that.  A source for additional information, however, is the Builder Practices Survey (BPS), conducted annually by Home Innovation Research Labs.  Among other things, the 2022 BPS report (based on homes built in 2021) shows that porches continue to be most common on the front of new single-family homes, rather than on the side or rear.  When they are present, however, the side and rear porches tend to be larger—about 138 square feet, on average, compared to 102 square feet for front porches. On a square foot basis, builders use concrete more than any other material in new-home porches.  The major exception is in New England, where builders are considerably more likely to use treated wood, PVC or other plastic, composite (a combination of usually recycled wood fibers and plastic), natural stone or untreated wood. Related ‹ Inflation Remains Stubbornly High Despite Fed Rate HikesTags: BPS, builder practices survey, concrete, economics, home building, housing, porches, SOC, survey of construction

Share of New Homes with Porches Dips Below 64 Percent2022-10-14T07:27:14-05:00

Share of New Homes with Patios Sets Record for Sixth Consecutive Year

2022-09-27T05:16:21-05:00

The share of homes built with patios hit a record high in 2021.  Of the roughly 1.1 million single-family homes started in 2021, 63 percent came with patios.  This number comes from NAHB tabulation of data from the Survey of Construction (conducted by the U.S. Census Bureau with partial finding from the Department of Housing and Urban Development).  Patios on new homes have become increasingly common recently, and 2021 marks the sixth consecutive year that the share of new homes with patios hit a record high. From the start of the downturn in 2007 through 2011, the share of new homes with patios was consistently under 50 percent—as low as 44.8 percent in the trough of 2009.  In 2012, the share jumped to 52.4 percent and has been consistently climbing ever since.  The incidence of patios on new homes has now increased in each of the past twelve years, except for 2015 when it remained unchanged. The geographic incidence of new homes with patios still in general resembles the pattern described in last year’s post.  At the low end of the scale, only 17 percent of new single-family homes built in the Middle Atlantic and 28 percent in New England came with patios in 2021.  At the high end, the incidence of patios on new homes was over 70 percent in the West South Central and South Atlantic divisions, and only a little under 70 percent in the Mountain states. The SOC data tell us how many new homes have patios but don’t provide detail about the nature of the patios.  Some of this detail, however, is available from the Annual Builder Practices Survey (BPS) conducted by Home Innovation Research Labs.  Unlike the SOC, the BPS explicitly includes pool decks in its patio category. For the U.S. as a whole, the 2022 BPS report (based on homes built in 2021) shows that the average size of a patio on a new single-family home is just a little under 300 square feet.  However, there is considerable geographic variation, with the average new-home patio reaching nearly 400 square feet in New England and the South Atlantic but falling to as low as 197 square feet in the West North Central, 210 square feet in the Mountain Division, and 229 square feet in the West South Central. On a square foot basis, poured concrete continues to be builders’ overwhelming favorite material for patios, except in the New England and Mid Atlantic divisions where concrete and brick pavers, respectively, are more common. Related ‹ Covid Era Impacts on Working from Home and Housing Market ImpactsTags: BPS, builder practices survey, concrete, economics, home building, housing, patios, SOC, survey of construction

Share of New Homes with Patios Sets Record for Sixth Consecutive Year2022-09-27T05:16:21-05:00

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