The average new-home size dropped 45 square feet to 2,480 in 2022, says NAHB. It predicts home sizes will expand this year before dropping again in 2024.
While Americans’ attitudes declined a bit in Jan., a monthly UF study of Floridians found a 1.4-point increase overall with an uptick in expectations for the future.
It’s the eighth increase since March 2022, yet less than hikes three times higher last year. And while inflation improved, the Fed still calls future rate hikes “appropriate.”Mortgage Rates
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