Oklahoma State Home Builders Association

An Affiliate of the National Home Builders Association

Where Was the Custom Home Market Share Highest in 2014?

 
Posted on August 13, 2015 by By Carol Hartzog Communications

NAHB logo for blog

Editor's note: This article was originally published on the NAHB's Eye on Housing blog

NAHB's analysis of the most recent Census Bureau's Survey of Construction (SOC) shows that in 2014 custom home building expanded across all regions of the Unites States, except the Mountain division where the custom home share of new single-family starts remained stable under 16 percent, the lowest share in the nation. The New England and East North Central divisions registered the highest custom home market shares, close to 43 percent, up from 37 and 39 percent respectively in 2013.

The SOC differentiates between houses built for sale, houses built by contractors, owners and for rent. Built for sale, or spec houses, are houses built on builder's land with the intention of selling the house and land in one... Read the entire blog post.

custom homes map blog

Share and Enjoy :
FacebookTwitterLinkedIndel.icio.usDiggReddit