Consumers Declare McMansion Era Over

Between 1950 and 2004, the size of the average American home increased from 983 to 2,349 square feet. Consumers are moving toward smaller houses again, entering a ”right-sizing” trend. Citing multiple earlier reports of a ”McMansion glut” or ”backlash,” and new market research, CNBC writer Cindy Perman says the era of giant houses is ”over.” Case in point: a survey conducted in July 2010 by Harris Interactive for Trulia.com found that just 9 percent of respondents still believe the ideal home should have at least 3,200 square feet.
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