Over the last year ending with the first quarter of 2017, custom single-family home starts increased 2 percent over the previous four quarters to 168,000.
NAHB Eye on Housing reports that, as measured on a one-year moving average, the market share of custom home building is now 21 percent, down from a high of 31.5 percent in the second quarter of 2009.
The onset of the housing crisis and the Great Recession interrupted a 15-year long trend away from homes built on the eventual owner’s land. As housing production slowed in 2006 and 2007, the market share of this not-for-sale new housing increased as the number of single-family starts declined.
Advertisement
Related Stories
Market Data + Trends
Single-Family Permits Show Increase in February
Year-to-date ending in February, single-family permits were up in all four regions of the U.S.
Single-Family Homes
What Does It Cost to Build a Single-Family Home?
A closer look at the itemized costs in each stage of construction for a single-family home
House Review
4 Single-Family Build-to-Rent Home Designs Offering Comfort and Construction Efficiency
Single-family rentals are popular. Take a look at these detached-home design ideas for the single-family build-to-rent market, one of the fastest-growing segments of single-family construction