Size matters: tracking the economy through new-home square footage

Size Matters: Tracking the Economy Through New-Home Square Footage The U.S. housing market may not be synonymous with the business cycle, as a famous 2007 paper proclaimed , but the ups and downs in housing, which represents a big part of the economy, usually do offer hints about what’s going on more broadly.

The U.S. housing market may not be synonymous with the business cycle, as a famous 2007 paper proclaimed, but the ups and downs in housing, which represents a big part of the economy, usually do offer hints about what’s going on more broadly. That’s why economists closely watch housing market indica

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Home / Market News / Size matters: tracking the economy through new-home square footage Size matters: tracking the economy through new-home square footage Posted by: Market Watch in Market News.

But small details about the housing market can say just as much about how well Americans, and the broader economy, are doing. On Tuesday, Rob Dietz, chief economist for the National Association of Home Builders, posted a research note about one in particular: the size of newly-constructed single-family homes.

Size Matters Tracking The Economy Through NewHome Square Footage. The U.S. housing market may not be synonymous with the business cycle, as a famous 2007 paper proclaimed, but the ups and downs in housing, which represents a big part of the economy, usually do offer hints about what’s going on more broadly.

 · The building will have 178 homes in total, ranging in size from 638 to 1,795 square feet. There are one-, two- and three-bedroom plans available and prices range from $474,900 to $2,199,900.

Size matters: tracking the economy through new-home square footage. "Typical new home size falls prior to and during a recession as home buyers tighten budgets, and then sizes rise as high.

Recession ahead? Yes, but probably not soon The future is inherently unknowable. We can never say with certainty what will happen in the month’s ahead. But the odds suggest an imminent recession in the US is unlikely at present and, barring a rogue event like 1987, a bear market is not currently underway.

Size Matters: Tracking the Economy Through New-Home Square Footage. by SoupChef | May 31, 2019 | Real Estate. absolut_100/iStock The U.S. housing market may not be synonymous with the business cycle, as a famous 2007 paper proclaimed, but the ups and downs in housing, which represents a big part of the economy, usually do offer hints about what’s going on more broadly.

 · 400,000 square feet – Size of the brewery. 14.5 hectares – Size of the site. 1,000 – People employed during construction. 100 – People to be employed at the brewery