Builders Forecast




National Update

 

The February 2020 National Update is now available. 

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nahb economics group
special study

COST OF CONSTRUCTING A HOME

2/3.Over the years, NAHB has periodically conducted “construction cost surveys” to collect information from builders on the various components that go into the sales price of a typical single-family home. NAHB’s most recent Construction Cost survey (conducted in the fall of 2019) shows that, on average, 61.1 percent of the sales price goes to construction costs and 18.5 percent to finished lot costs. On average, builder profit is 9.1 percent of the sales price.

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Housing Statistics

Name Current Previous
SF Housing Starts (2/19) Decrease1.010 M 1.073 M
Building Permits (2/19) Increase1.551 M 1.420 M
New Sales (1/27) Decrease694 Th 697 Th
Existing Sales (1/22) Increase5.540 M 5.350 M
New SF Home Prices (1/27) Increase$331.4 Th $320.9 Th
Existing SF Home Prices (1/22) Increase$276.9 Th $274.1 Th
30-yr Fixed (2/14) Increase3.47 3.45
5/1-yr ARM (2/14) Decrease3.28 3.32

Featured Statistics