By Alessandra Malito | MarketWatch
The number of compact townhouses being constructed rose by 13% last year
The American Dream of owning your own home remains. But the home itself appears to have gotten smaller.
As American homes grow larger in size (and higher in price) many people say if they decided to move, they’d want to downsize. More homeowners would rather have a smaller house than a larger one (37% compared to 23%), according to research from real estate site Trulia. Here’s how it breaks down: Some 60% of people living in large homes of 2,000 square feet and over said they’d rather pick a smaller one next time around; 69% of people in the smallest of homes under 800 square feet said they’d like to supersize their accommodations.
