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How Have the Cost & Price of New Homes Changed?

by Peter Thomas Ricci

The costs and prices of newly built single-family homes are hardly static, the data shows.

nahb-new-single-family-home-price-cost-components-housing-recovery

Last week, we reported that a newly built single-family home in 2013 cost $399,532 to homebuyers, and we looked at the seven components of the homebuilding process that went into factoring that price.

How has that final price, though, changed in recent years? And have those components always made up the same amount of the construction costs? See our infographic below to find out:

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