Getty Images; Chelsea Jia Feng/BI
American homes just aren't what they used to be.
Many newly constructed homes are both smaller and more expensive than those built thirteen years ago.
Census data shows that in the first quarter of 2024, the average size of single-family homes was 2,351 square feet, the smallest since the third quarter of 2009. It's down from a peak of 2,736 square feet in the first quarter of 2015.
Meanwhile...