OVERVIEW

…USA Homes = Getting Bigger...Residents Falling @ 2.5 vs. 3.0 (1972) Average New Home Square Footage & Residents 4K 4 SA U e, SA Residents U 3K 3 tag per Home o o me, F o e H ar u 2K er 2 p Sq ts New Home me en o d Square Footage H 1K 1 esi R ew N 0 0 1972 1976 1980 1984 1988 1992 1996 2000 2004 2008 2012 2016 Source: USA Census Bureau (6/17). Note: Data reflects newly built housing stock. Single Family homes includes newly built single family homes. Similar growth trends are seen across all housing units, as single-family homes are the majority of new USA housing stock. Average size of multifamily new 120 dwelling in USA = 1,095 square feet in 1999 (earliest data available), 1,207 square feet in 2016. Residents per household based on all households.

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