The McMansion isn’t dead yet, but homes are shrinking. Last year, the median new home size fell to its lowest point in more than a decade, census data shows. The median single-family home size dropped roughly 4% between 2022 and 2023; it hasn’t been that small since 2010.
Maybe it’s the starter home that’s dead. Almost a year ago, Ali Wolf, chief economist at the housing-market data…
