Home Building Trends | According to a November press release by Dodge Data & Analytics, the construction industry should enjoy some growth this year — up 9% to $612 billion in new construction. That’s an improvement over 2014’s 5% increase.
Much of the growth will be in commercial buildings, but housing should see some growth, too. With more homes expected to be built this year, we’re taking a look at some of the residential construction trends you might be seeing as you work on new projects.
According to Dodge, single-family housing should get a 15% boost in dollars and an 11% boost in actual number of units built. This increase is thanks to more people getting access to home mortgage loans this year. Mortgage rates are also low, helping to drive demand.
Multifamily housing will see a bump as well, with an approximately 9% increase in dollars and a 7% increase in actual units built.
And according to the National Association of Home Builders, single-family starts should hit 90% of normal numbers by the end of 2016 (with the 2000 – 2003 period as the baseline for normal housing activity).
Weather Resistance
Builders are seeing a bigger focus on weather resistance in new homes. Whether it’s moisture protection from rain and snow or extra fortification against wind damage, homeowners (many of whom have had to wait for the economy to rebound in order to finally buy their houses) want their homes to withstand the elements longer.
One of the biggest trends in this area is the increase in gutter guard systems to provide better redirection of water away from the house. Wind protection features, like all-thread roofing rods and galvanized hurricane clips, also provide more protection against weather damage.
Composite Materials
You’re probably already using a fair amount of composites on jobs, and use of these materials should continue to grow. Lighter weight and stronger than other material choices, composites can make a home more durable.
Composite materials have been widely used in other industries for decades, but until recent years their use has been limited in construction. But thanks to their durability, corrosion resistance, and high strength to weight ratio, they should continue to make up a growing percentage of new projects through this year and beyond. - Field Lens
Interested in the latest home building trends? Please do not hesitate to contact us at Landon Homes, (904)567-3430!
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