Skip to content

According to the Census Bureau’s Characteristics of New Housing data, the average size of newly constructed single family homes increased by about 50 square feet in 2021. Principia estimates 3.6 million new single family homes will be built between 2022 and 2024.

How will new home construction and larger home sizes impact building material demand?

Industry participants utilize Principia’s DemandBuilder® for residential building materials to access the data and market intelligence needed to determine current and projected industry demand and gain insights on market dynamics including the impact of new construction trends on building materials.

For more information on Principia’s DemandBuilder® and forecast data available, contact us today.