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2005 AIA Home Design Trends Survey ResultsThe American Institute of Architects (AIA) announces the results of its first-ever Home Design Trends Survey.
Reflective of an aging population and the "baby boomer" generation approaching retirement, the survey results highlight an increasing demand for greater accessibility and single-floor design which promotes easier mobility within the home.
Fueled by a strong housing market, architecture firms working in the residential sector have reported favorable business conditions; with 44% of respondents indicating that their overall billings increased by more than 5% in the first quarter of 2005, while only 10% reported declines in billings from the fourth quarter of 2004.
"Our data demonstrates that the remodeling market, for both additions/alterati ons and kitchen/bath renovations, were the strongest sectors in the residential market for the first quarter of 2005," said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.
"Additionally, the condominium and town house market was nearly as strong, with over half of firms reporting improving conditions for these units.
We have found that the primary drivers in this particular market are young adults and empty-nesters who are interested in moving into urban neighborhoods."
more: 2005 AIA Home Design Trends Survey Results
July 3, 2005 | Viewed 18,745 time(s)
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