More than half of new homes built in community associations

community associations

community associationsBy National Association of Home Builders

According to data from the Census Bureau’s Survey of Construction (SOC), 58 percent of all homes started in 2014 were built within a community or homeowner’s association. The Census Bureau defines a community or homeowner’s associations as “formal legal entities created to maintain common areas of a development and to enforce private deed restrictions; these organizations are usually created when the development is built, and membership is mandatory.”

When analyzed by the 9 census divisions, the highest share was in the Mountain Division (Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming) where 76.5 of new homes were in such communities. The New England (Massachusetts, Maine, New Hampshire, Vermont, Rhode Island, and Connecticut) on the other hand, had the least share at 21.8 percent.

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