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  • Metro East REIA
    • May 22, 2021
    • 1 min read

Regulatory Costs Add $93k to New Home Prices

Just when you thought lumber prices were jacking up home prices, along comes a new study from the NAHB that says government regulations (imposed by all levels of gov’t) account for $93,870, or 23.8% of the current average sales price of a new single-family home (currently ($397,300). The NAHB says that of this $93,870 figure, just over $41k is attributable to regulation during development, and nearly $53k is due to regulation during actual construction. Continue reading HERE...

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