Pricey building lots add to cost of new home construction

If you’re looking for the culprit behind the rising costs of new home construction, look no further than lot prices, which rose so fast that they outpaced inflation in 2018. That’s according to a new report from the National Association of Home Builders, which said the average lot price that year reached $49,500, a record

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New Home Construction Booms, But Will There Be Any Room?

There’s been lots of construction activity over the past 12 months, but while these developments will be warmly embraced, construction firms could soon be facing a new problem – a lack of space on which to build.

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