By Robert Dietz
Copyright © 2016 National Association of Home Builders
NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates that the number of custom home building starts (homes built on an owner’s land, with either the owner or a builder acting as the general contractor) posted a slight increase on a year-over year basis as of the first quarter of 2016. There were 31,000 total custom starts for the start of 2016, compared to 25,000 for the first quarter of 2015.
Over the course of the last four quarters, there were 164,000 total custom single-family home construction starts. Note that this definition of custom home building does not include homes intended for sale, so the analysis uses a narrow definition of the sector.
As measured on a one-year moving average, the market share ... read the article at the NAHB website