flexiblefullpage - default
Currently Reading

New Home Trends Institute’s May Insights Report Reveals Growth in For-Rent Housing

Advertisement
billboard - default
Master Planned Communities

New Home Trends Institute’s May Insights Report Reveals Growth in For-Rent Housing

Master planned communities are accommodating popular COVID-era buyer preferences and building more rental housing


May 31, 2022
Aerial view of master planned community
Image: Stock.adobe.com

The May Survey Insights report from the New Home Trends Institute reveals that some COVID-era design trends and household preferences may be here to stay, especially as they are adapted to serve a growing consumer base in the rental market. Outdoor amenities are expected to accelerate, and master plans that included trails profited the most in February and March. Backyards are a favored asset in dense communities, and spacious single-family homes with large kitchens and gathering areas also won over multigenerational buyers. 

Nearly half of the 79 master plans included in the report are planning for a build-for-rent section as a growing number of priced-out buyers are forced to retreat into the rental market while postponing their purchasing plans.

Insights from our February/March 2022 surveys of 79 master plans around the country and 1,199 homeowners with household incomes of $50,000+:

1. Trails provide the biggest bang for your buck 

2. Outdoor amenities will continue to accelerate 

3. Mainstay amenities are getting a second look 

4. Nearly half of all master plans are planning for a build-for-rent section

Read more

Related Stories

Master Planned Communities

Advantages of a Properly Segmented Master Plan in a Slow Housing Market

John Burns Real Estate Consulting's New Home Trends Institute offers master plan execution insights for a more challenging sales environment in 2023

Master Planned Communities

Top 50 Master Planned Communities of 2022

The nation's top master-planned communities saw strong but slowing growth in 2022 with a total of 31,000 sales 

Master Planned Communities

In a Housing Slowdown, Master Planned Communities May Have an Upper Hand

With a range of lifestyle amenities and trusty resale value, master planned communities (MPCs) have several competitive advantages in a housing downturn 

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category




Advertisement
native2 - default
Advertisement
halfpage1 -

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.