Currently Reading

Custom Home Building Activity Lags Behind Overall Market

Advertisement
Custom Home Design

Custom Home Building Activity Lags Behind Overall Market


November 23, 2020
Custom modern home
Photo: Odua Images

While single-family home construction continues to boom, custom home building lags behind. The National Association of Home Builders reports that custom home building trails behind the overall single-family construction market during the third quarter of this year. Compared to the third quarter of 2019, custom home building starts declined 7%. The end of 2019 and beginning of 2020 gave custom home building a strong start, which helps to boost the four quarter total.

Over the last four quarters, custom housing starts totaled 175,000, which was a 2% increase over the prior four quarter total of 171,000 starts, thanks to strong quarterly totals at the end of 2019 and the start of 2020.

As measured on a one-year moving average, the market share of custom home building in terms of total single-family starts is now 19%, down from a cycle high of 31.5% set during the second quarter of 2009.

Read More

 

Related Stories

Custom Home Design

Custom Age-in-Place Living

There seems to be a disconnect between custom builders and 55+ builders, this despite the fact that a great deal of custom homes are built for…

The New American Home

Sign of the Times: The New American Home 2021

See how The New American Home 2021 highlights and serves a growing market of luxury urban living

Homes Should Not be Designed as 'One Size Fits All'

Each person utilizes their home’s spaces differently, and Housing Design Matters urges builders to remember that. If one buyer enjoys a sitting…

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.