Community Associations on the Rise in 2023

/ Owner - October 15, 2024

In 2023, 64.8% of all new single-family homes started were built within a community or homeowner’s association. This share increased from the 62.6% recorded in 2022, according to data tabulated from the Census Bureau’s Survey of Construction (SOC). This marks the third highest share since the beginning of the series in 2009, after the high point of 67.1% in 2020 and 65.5% in 2021. Prior to 2021, the share had been on a decade-long upward trend. In absolute numbers, a total of 601,558 homes were started in community associations in 2023.   Read the article…………………………….

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