## FAQ

### 1. What is considered a second home area according to NAHB’s analysis?
A second home area is a county that has a second home share greater than 10.3% of the county’s total housing stock.

### 2. How many second home areas are there based on NAHB’s definition?
There are 788 counties that are considered a second home area based on NAHB’s definition.

### 3. How has the market share for single-family construction in second home areas changed over the years?
The market share for single-family construction in second home areas has grown by over four percentage points in the past nine years, with fluctuations in growth rates recorded over different quarters.

### 4. How does the growth rate of multifamily construction in second home areas compare to single-family construction?
The growth rate for multifamily construction in second home areas has also increased, but it has been more volatile compared to single-family construction, with periods of decline in growth rates noted.

### 5. What are the key trends in construction in second home areas based on NAHB’s analysis?
Both single-family and multifamily construction in second home areas have experienced growth in market share over the years, with fluctuations and periods of decline in growth rates observed.

## Conclusion

NAHB’s analysis of construction in second home areas reveals interesting trends in both single-family and multifamily markets. The increase in market share for construction in these areas signifies a growing interest in second homes across the US. While single-family construction has shown more consistent growth in market share, multifamily construction has experienced volatility with periods of decline in growth rates. Understanding these trends can provide valuable insights for builders and developers in planning and investing in construction projects in second home areas moving forward.