Smaller furniture for smaller living spaces is this yearâ€™s big trend at the High Point, N.C., furniture industry trade show.
Manufacturers are responding to the demand from downsizing baby boomers and the increasing number of urban dwellers who need furniture that fits in modest-sized rooms.
“Increasingly, people are choosing to live by themselves, with apartments and flats becoming a more popular choice of residence in metropolitan areas. These smaller households therefore also drive large demand for smaller furniture items,” according to a recent report by IBISWorld Inc., a Los Angeles-based industry intelligence firm.
Small furniture also fits better in the smaller homes that many builders like KB Home have introduced in response to the tight credit market.
Source: The Associated Press, Emery P. Dalesio (10/26/08)
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Reprinted from REALTORÂ® Magazine OnlineÂ with permission of the NATIONAL ASSOCIATION OF REALTORSÂ®. Copyright 2008. All rights reserved.