LAS VEGAS — Data released Wednesday by the National Association of Home Builders found the average size of a new home that was completed in 2009 fell to 2,480 square feet from 2,520 square feet in 2008. The last time the average completed-home size fell by a statistically significant amount was 1982.”You’ve heard the mantra ‘downsize me’ and ‘small is the new big?’ Well, last year was definitely a downer,” said Carol Lavender, president of Lavender Design Group, a residential design firm in San Antonio, Texas.Homeowners surveyed by Better Homes and Gardens magazine said downsizing was becoming a bigger priority: 36% said in November that they expected their next home to be “somewhat smaller” or “much smaller” than their current home versus 32% who said that in 2008.
By Steve Kerch, Jan 22, 2010 WSJ

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