Replies to post #7474 on The Rising Influence of Rising Affluence

[DewDiligence]

I'm pretty sure the recent 13% decline in new home sales more than wipes out the square footage gain.

That misses the point. The year-over-year change in new-home sales varies a lot from month to month, while the average size of a new home in square feet changes gradually and now shows a clear upward trend.