#Latest news with #landcostsWall Street Journal26-05-2025BusinessWall Street JournalAmerican Homes Are Shrinking. Why Are They Still So Unaffordable?Homes have been getting smaller over the past few years. Why haven't they been getting more affordable? Builders have started making more entry-level starter homes, but not tons of them. The small homes they do build are still subject to rising costs for land and labor. Buyers who choose them have to contend with today's high mortgage rates, which drive up their monthly costs.
Wall Street Journal26-05-2025BusinessWall Street JournalAmerican Homes Are Shrinking. Why Are They Still So Unaffordable?Homes have been getting smaller over the past few years. Why haven't they been getting more affordable? Builders have started making more entry-level starter homes, but not tons of them. The small homes they do build are still subject to rising costs for land and labor. Buyers who choose them have to contend with today's high mortgage rates, which drive up their monthly costs.
26-05-2025
