NAHB: Single-Story Home Construction Increased in 2018
As someone who lives in a one-story home, I can vouch for its simplicity and ease. While two-story homes are still popular, single-story homes have been on the rise.
Great question. A lot of it comes down to age. More Baby Boomers are aging in place, and prefer the convenience of one-story living. As for Millennials, well, you’ll have to keep reading below.
Two-story homes are still more popular among homebuilders than single-story homes, but that gap is shrinking.
According to a newly released analysis by the National Association of Home Builders, the share of new homes with two or more stories fell from 55% in 2017 to 53% in 2018, while the share of new homes with one story grew from 45% to 47%.
That means that the ratio between single-story and multiple-story homes is decreasing.
Although one-story homes were found more common in non-metro areas and two or more story homes were found more common in metro areas, 2017 and 2018 saw a rise of one-story homes in both.