Trend Toward Smaller Homes May Be Ending

Washington, DC, June 29, 2011 –- The collapse of the housing market resulted in greater interest in smaller homes and lot sizes, but that appears to be leveling off, according to the American Institute of Architects Home Design Trends Survey.

“Overall home and lots sizes showing signs of increasing slightly indicates that the housing market is stabilizing after being in a downward spiral since 2007,” said AIA Chief Economist Kermit Baker.

“But consistent with the last several years, there remains a preference for open space layout allowing for more flexibility and less interest in formal spaces and rooms.”

AIA said there continues to be interest from homeowners in investing in their properties, particularly with regards to outdoor living space.

Also, accessibility within the home remains a concern, especially for an aging population, along with ongoing demand for more flexible and open design within homes.

AIA also noted that business conditions for residential architects are showing improving conditions with the highest billings score since mid-2007.

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