National Association of Home Builders Economic Research Blog

Tag: Cost of Construction Survey

Cost of Constructing a Home in 2024

Construction costs account for 64.4% of the average price of a home, according to NAHB’s most recent Cost of Construction Survey.  In 2022, the share was 3.6 points lower, at

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Cost of Constructing a Home in 2022

The NAHB recently published its latest Cost of Construction Survey. Results show that 60.8% of the average home sale price consisted of construction costs, essentially unchanged from the 61.1% posted

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