NAHB Chief Economist Robert Dietz reports in Eye on Housing that the number of custom home building starts, which include homes built on an owner's land with either the owner or a builder acting as a general contractor, have slightly increased on a year-over-year basis as of second quarter of 2016.
According to analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey, there were 47,000 total custom starts for this quarter, compared to 45,000 for the second quarter of 2015.
Over the course of the last four quarters, there were 167,000 total custom single-family home construction starts. Note that this definition of custom home building does not include homes intended for sale, so the analysis uses a narrow definition of the sector. As measured on a one-year moving average, the market share of custom home building in terms of total single-family starts is now 22%, down from a cycle high of 31.5% set during the second quarter of 2009.