The Census Bureau released their Survey of Construction (SOC) and data shows that the most used exterior finished in 2020 for a new single-family home was stucco. The report revealed that 28% of new homes started in 2020 the principal exterior material was stucco, 26% used vinyl, 21% used Hardiplank or Hardiboard, 19% brick of veer brick, wood products 4% and rock or stone materials only 1%.
The Survey of Construction (SOC) is a great resource distributed by the United States Census Bureau. The purpose of the survey is to gather the data on the current statistics for both national and regional starts, completions and characteristics of new construction on single-family and multifamily housing units. The report also includes sales of new single-family houses.
Along the different regions in the county, there were big differences in what was mainly used on the exteriors of homes in certain regions. Vinyl siding was used most in 5 out of the 9 census divisions. The report shows that in Middle Atlantic and New England vinyl was used as the primary exterior on 76% of new homes started in 2020, in the East 68%, West North Central 53%, and in East South Central 45%. Stucco won out in the Pacific division with 63%, Mountain came in with 50% and South Atlantic used the material on 39% of new single-family homes started in 2020. Brick or brick veneer was used the most in South Central with 64% and the East with 39%.
If you are in the market for a home, now is a great time to buy. The historically low-interest rates are in the buyer's favor. Remember if you are considering purchasing a home, use a licensed sales agent who can help you through the process.
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