WASHINGTON, DC — Homeowner interest in larger homes, which grew in 2021 for the first time in five years, continued to increase over the last 12 months, data from the American Institute of Architects reveals.
According to the AIA’s Home Design Trends Survey for the second quarter of 2022, other trends that are sustaining pandemic-related demand include finished spaces such as basements, attics and garages. Accessibility and designs for aging in place also continued to remain a focus of a home’s layout, growing in popularity in the second quarter, according to the Washington, DC-based AIA, whose quarterly surveys are conducted among a panel of architects, including those whose business is focused on the residential sector.
The AIA also reported that emphasis on outdoors continued to remain popular, with outdoor living spaces, blended indoor/outdoor spaces, and outdoor firepits topping the list of features currently in demand.
“The fervor in demand created by homeowners wishing to have the ability to isolate at home has lessened a bit (although) the overall demand has elevated project backlogs to their highest level since the survey began in 2005,” said AIA Chief Economist Kermit Baker.
According to Baker, ongoing supply chain issues continue to exacerbate the problem of inflation in the construction industry, primarily impacting affordable housing options.
“While residential billings remain healthy, virtually all remodeling and residential construction sectors are seeing slower growth,” Baker said.