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September 2024

  • Construction Statistics

HBGI Q2 2024: Single Family Growth vs. Multifamily Decline

Jesse WadeSeptember 3, 2024September 3, 2024

Despite high mortgage rates, the lack of resale homes and pent-up demand drove solid growth in single-family permits across nearly all regions in the second quarter. In contrast, multifamily construction permit activity experienced declines across all regions for the second quarter of 2024. These trends…

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  • Construction Statistics
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  • Single-Family

Economies of Scale in Single-family Home Construction

Paul EmrathSeptember 3, 2024September 2, 2024

The cost per square foot of a single-family home declines systematically as the home becomes larger, according to NAHB analysis of two recent data sources. In microeconomics, unit costs that decline as a business operation increases in size are called economies of scale. In home…

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  • October 16 - Home Builders Association of Topeka
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