Home Macroeconomics Patios Are More and more Fashionable on New Properties

Patios Are More and more Fashionable on New Properties

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Patios Are More and more Fashionable on New Properties

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The share of houses with patios edged as much as one other document excessive final yr.  Of the roughly a million single-family houses began in 2022, 63.3% % got here with patios—up from 63.0% in 2021, and the seventh consecutive yr of setting a brand new document.  The supply for these numbers is NAHB tabulation of knowledge from the Survey of Development (carried out by the U.S. Census Bureau with partial funding from the Division of Housing and City Improvement).

Traditionally, fewer than half of latest houses got here with patios throughout the 2008-2011 interval of utmost weak spot in housing markets  After that, the share of latest houses with patios jumped to 52.% in 2012 and has been climbing ever since.  The proportion has now elevated in twelve of the previous 13 years; the lone exception being 2015, when it was unchanged.

Whereas patios on new houses have usually change into extra well-liked, the locations the place they are typically most and least well-liked haven’t modified a lot.  On the low finish, solely 18% % of latest single-family houses constructed within the Center Atlantic and 21% in New England got here with patios in 2022.  On the excessive finish, the incidence of patios on new houses was over 70%  % within the West South Central and South Atlantic divisions, and solely a little bit underneath 70% % within the Mountain states.  All these geographic tendencies are just like those reported in final yr’s put up on patios.

For additional element on the character of the patios being constructed, we are able to complement the SOC with information from the Annual Builder Practices Survey (BPS) carried out by House Innovation Analysis Labs.

For the U.S. as an entire, the 2023 BPS report (primarily based on houses inbuilt 2022) exhibits that the common measurement of patios (which within the BPS contains pool decks) on new single-family houses is about 280 sq. ft, however with appreciable geographic variation.  The common is over 350 sq. ft in New England and the South Atlantic; however as little as 166 sq. ft within the West North Central, 188 sq. ft within the West South Central, and 209 sq. ft within the Mountain Division.

Measured per sq. foot, builders use poured concrete greater than another constructing materials for patios.  In most elements of the nation, there may be not even an in depth second.  Within the New England and Mid Atlantic divisions, nevertheless, builders use pure stone and brick pavers, respectively, virtually as a lot as poured concrete.



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