Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows that the share of two-story homes continued to decrease and the share of two or more stories homes started was equal to one story homes in 2020. The Mountain division was the only region for which the number of stories changed in 2020, though the shares of one and two or more stories remained similar to the past few years.
Nationwide, the share of new homes with two or more stories fell from 52% in 2019 to 50% in 2020, while the share of new homes with one story grew from 48% to 50%. New England was the only region that saw a decline in the share of one story homes in 2020. Shares of single-story homes in the South region have increased for three straight years. Though two or more stories new homes are more common in Middle Atlantic, there was a significant growth (from 22% to 28%) of the share of single-story homes from 2019 to 2020. Read full article on Eyeonhousing.org.
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