Excerpt from Yahoo Finance quoting DataTrek:
…. “According to a recent analysis by DataTrek, the size of American households has decreased, even as the size of houses has steadily increased. Since 1960 the number of people per U.S. household has fallen from 3.3 average people per household 59 years ago to 2.5 today.
In other words, fewer people live in bigger houses, DataTrek’s analysis found. But in recent years, this trend has slowly begun to reverse, and there are signs that houses will continue to get smaller”….
Read the full article here on Yahoo Finance!