What do western film and television star Roy Rogers and jazz singers Ella Fitzgerald and Harry Connick, Jr. all have in common? The Cole Porter and Robert Fletcher song, "Don't Fence Me In."
But these days, you might as well add the home building industry and its interest in the song's line, "Give me land, lots of land." The National Association of Home Builders says that construction of single-family and multifamily buildings has been shifting toward rural and small counties.
The organization reported that by the fourth quarter of 2021, 10.5% of all single-family home construction was in rural areas. In the same period of 2020, rural single-family home construction was a 10% share of all US SFR building. When it comes to multifamily, the portion went from 4.1% in rural areas during Q4 2020 to 6% in 2021, the highest rural share in the history of NAHB's Home Building Geography Index.
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