NAHB Eye On Housing's Joseph Salvia shares recent data from the U.S. Census Bureau’s Survey of Construction (SOC) and the NAHB, which shows that there is a greater share of two or more story homes completed than one story homes.
Additionally, the greatest amount of two or more story homes are located in divisions along the coasts of the country--especially in the Northeast region, which has a significantly higher proportion of two or more story single-family home completions compared to its counterparts.
Nationwide, the majority of single-family homes completed in 2015 were two or more stories, 58%, the rest, 42%, were one story. The data show that the Northeast has the largest proportion of completed two or more story single-family homes. The distributions between one story and two or more story completed homes are similar in the South and the West. In the South, 57% of completed single-family homes were two or more stories and 43% were one story while in the West, 59% of completed single-family homes were two or more stories and the rest, 41%, were one story. The Midwest was the only region of the country where the majority of single-family completed homes were one story.