The size of the typical American household may be shrinking, but new Census data shows the average size of new homes keeps getting bigger.
According to the 2015Characteristics of New Housingsurvey, the median size of a completed single-family home was 2,467 square feet, while the median size of a new single-family home sold was 2,520 square feet.
The main cause behind the supersizing of new homes is quite simply the demand from wealthy buyers, says the New York Times' Upshot blog, pointing out that over 30 percent of new single-family homes clock-in at a whopping 3,000 square feet or more.
Buyers' demand for more space seems to be concentrated in two areas of the home: the bedroom and the bathroom. While the average American household is made up of just 2.58 people, new homes on average are being built with four or more bedrooms. In the 1980s, most homes had 2 1/2 bathrooms, while 38 of homes built today have three or more bathrooms.
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