Regulatory Costs Add More Than $93,000 to New Home Prices
Regulations imposed by all levels of government account for $93,870, or 23.8 percent of the current average sales price ($397,300) of a new single-family home, according to a new study by the National Association of Home Builders (NAHB).
Of the $93,870 figure, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction.