mcmansion

Shoppers Buy More Home Furnishings for Their Smaller Houses

Here's some counter-intuitive news: People are buying more home products to fill their smaller abodes. Home furnishings store sales are expected to rise in April, May and June to $23.2 billion, up nearly 8% from a year ago.

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The end of the McMansion era

Not a Single New McMansion Sold in June or July

Not only did new-home sales plunge to a record low in July, the McMansion market saw no activity whatsoever -- for the second month in a row. An economist says the high-end market "is becoming nonexistent."

McMansion today, tenement tomorrow?