According to the 2024 survey of home builders, the biggest single component of a new home’s total sales price is construction costs, which accounts for around 64.4%.

It accounted for $44,748 or 10.5% of the construction cost of a new home in 2024. Excavation, foundation, concrete, retaining walls and backfill: $43,002 Other: $1,747 ...

The National Association of Home Builders recently released the results of a survey of 4,000 home builders, breaking down exactly how much each stage of construction on a new home costs. Overall ...

According to the 2024 survey of home builders, the biggest single component of a new home’s total sales price is construction costs, which accounts for around 64.4%.

Most of the new home construction occurred in the unincorporated areas near Rossville, Chickamauga and LaFayette. Homebuilders pulled 96 permits in the Rossville district, which includes homes in ...

That decline in luxury new home construction comes as the overall new-home market for all price points combined ran 11 percent higher in terms of closings over 2023.

Houston, Texas, leads the nation in new-home development, with more than 11,000 building permits issued and over 1,300 newly constructed homes sold in the first two months of 2025.

The drop in new home construction in April comes at a time when home affordability is near generational lows amid persistently elevated mortgage rates and a shortage of homes for sale. A prolonged ...

New single-family home construction edged up to a 924,000 rate, still one of the slowest paces since 2023, while the number of homes completed rose more than 8% to 1.03 million.

New York is the only city in the top 10 that’s located outside of the Sun Belt. According to ConsumerAffairs, changes to zoning policy in 2024 are expected to produce 82,000 newly built homes in ...