The graph illustrates the residential construction data from four regions in the U.S. – the Northeast, Midwest, South, and West – showcasing single-family home construction over a 6-year period from 2006 to 2012, measured in thousands.
Generally, the South region is the most popular area for single-family homes, while the Northeast is the least preferred. The trend indicates a gradual decline in residential construction over the 6-year period.
In 2006, the South region saw a peak of 900,000 single-family homes constructed, but the number dropped sharply to 450,000 in 2008 and continued to decline to 300,000 by 2010. However, there was a slight recovery in 2012, with approximately 350,000 homes built. The West region followed a similar trend, starting with 450,000 homes in 2006 and ranging slightly below 200,000 between 2008 and 2012.
In contrast, the Midwest and Northeast regions are less populated, making them less preferred areas for building family homes. The Midwest experienced a decline from nearly 300,000 to around 150,000 homes between 2006 and 2008, eventually stabilizing at 100,000 over the next two years. The Northeast, however, showed a linear decline, ranging from below 200,000 to around 50,000 homes over the 6-year period.