According to research conducted by the United States Census Bureau in 2013, it has been noted that home buyers are showing an inclination to larger homes.  The preliminary data showed that a new record had been set stating that homes are in fact becoming larger in comparison to previous years.

Nowadays, the typical new home is approximately 50% larger than the 1973 counterpart, according to the Census Bureau who began data recording in the mid-1970s. It seems that the size of new homes are on the increase moving from an average of 2,362 square feet in 2009 to a staggering 2,579 square feet in 2013 - that's a while 300 square feet difference!  This was evidenced in a report done by the National Association of Home Builders (NAHB).

The NAHB also states that in order to meet the size demands of these larger homes, the number of bedrooms is also on the rise.  It has been seen that of all homes build, a minimum of 48% presented with four bedrooms in 2013; whereas only 34% of all homes had four bedrooms or more in 2009.  It's also been suggested that the traditional three-bedroom house will be traded up for a bigger size due to the growing bigger home trend.

Additionally, the number of bathrooms has increased over the past few years with 35% of homes boasting three full bathrooms in 2013.  A full 13% rise from the 23% in 2010.  Garages for three or more cars have also been on the rise from 16% in 2010 to 22% in 2013.

Why are the homes becoming larger?  The answer may lie in new home owners having greater credit scores and higher incomes than in previous years, making the average home sale price approximately $318,000 in comparison to $248,000 in 2009.

Additionally, recent research by the NAHB on new home buyer characteristics indicate that first-time buyers will purchase smaller homes at lower prices then trade up.  However, these first-time home buyers who represent 40% of the market are steadily eliminated from the market due to tightening credit rules and mortgage rates.  This could further explain the increase in the average home size.