Demand for larger homes continues to grow

Submitted by mtinder@aia.org on Thu, 06/30/2022 - 16:02
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{"version":"0.3.0","atoms":[],"cards":[],"markups":[["strong"],["a",["href","http:\/\/info.aia.org\/AIArchitect\/2022\/0603\/aia-interactive\/"]],["b"]],"sections":[[1,"p",[[0,[0],1,"WASHINGTON \u2013 June 30,\n2022 \u2013"],[0,[],0," Homeowner interest in larger homes, which grew in\n2021 for the first time in five years, continued to increase over the last 12\nmonths, according to new data from the American Institute of Architects\u2019 (AIA) "],[0,[1],1,"Home Design Trends Survey"],[0,[],0,"."]]],[1,"p",[[0,[],0,"The Home Design Trends\nSurvey for the second quarter of 2022\u2014focusing on home and property design\u2014also\nfound that rental units\/accessory dwellings and micro-housing options continue\nto remain popular, but demand has waned since 2021. Other trends maintaining demand\npost-pandemic include finished spaces like basements, attics, and garages. Additional design trend highlights:"]]],[3,"ul",[[[0,[],0,"\nAccessibility and overall designs for aging in place\ncontinued to remain a focus of a home\u2019s layout, growing in popularity."]],[[0,[],0,"Emphasis on outdoors continued to remain popular,\nwith outdoor living spaces, blended indoor\/outdoor spaces, and outdoor firepits\ntopping the list."]]]],[1,"p",[[0,[],0,"\u201cThe fervor in demand\ncreated by homeowners wishing to have the ability to isolate at home has\nlessened a bit, however the overall demand has elevated project backlogs to\ntheir highest level since the survey began in 2005,\u201d said AIA Chief Economist\nKermit Baker, PhD, Hon. AIA. \u201cSupply chain issues continue to exacerbate the\nproblem of inflation in the construction industry, which has particularly\naffected affordable housing options. \nWhile residential billings remain healthy, virtually all remodeling and\nresidential construction sectors are seeing slower growth.\u201d"]]],[1,"p",[[0,[0],1,"Other findings of the\nreport:"]]],[3,"ul",[[[0,[],0,"\nBusiness conditions in all regions remained healthy\nin Q1."]],[[0,[],0,"Project billings were 65.4 (any score above 50\nindicates growth in firm billings.)"]]]],[1,"p",[[0,[],0,"The AIA Home Design\nTrends Survey is conducted quarterly with a panel of more than 300 architecture\nfirms that concentrate their practice in the residential sector. More information\non the latest survey results can be reviewed on "],[0,[1],1,"AIA\u2019s website"],[0,[],0,"."]]],[1,"p",[[0,[2],1,"About AIA"]]],[1,"p",[[0,[],0,"Founded\nin 1857, AIA consistently works to create more valuable, healthy, secure, and\nsustainable buildings, neighborhoods, and communities. Through more than 200\ninternational, state and local chapters, AIA advocates for public policies that\npromote economic vitality and public wellbeing."]]],[1,"p",[[0,[],0,"AIA provides members with tools and resources to assist them\nin their careers and business as well as engaging civic and government leaders\nand the public to find solutions to pressing issues facing our communities,\ninstitutions, nation, and world. Members adhere to a code of ethics and conduct\nto ensure the highest professional standards."]]]]}
Subtitle
New survey results reveal evolving overall home layout trends.
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Matt Tinder
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Demand for larger homes continues to grow
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Home Design Trends Survey, Home trends, Survey, residential architect, residential
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[{"updated-date":"2022-06-30T16:02:59+00:00","author-name":"Matthew Tinder","author-id":"86b1aa47-3f15-4161-b31f-6839ec974a24","action":"published"}]
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