Lew Sichelman notes that, after two years of declines, the size of the average home is increasing once again after peaking at 2,520 square feet (234.3 sq m) in 2007. An analyst at the National Association of Home Builders, however, warns against believing that the trend toward downsizing is over. Learn where the size of the average home is increasing and how the components of new homes are changing to meet consumer demand.