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  1. The Farnsworth Group
    https://www.thefarnsworthgroup.com › blog › outlook-single-family-residential-construction

    2025 Outlook for New Single Family Residential …

    • While doom and gloom headlines continue to abound, there’s an array of data to suggest that many building products manufacturers can actually operate with some sense of optimism about 2024 and 2025 o… See more

    Single-Family Residential Builder Confidence Returning to Positive, From Being Negative

    While in 2022, builder confidence declined rapidly as measured by NAHB’s Housing Market Index (HMI), the first half of 2023 have seen building confidence increase and return to a slightly positive sentiment. As of June … See more

    Remodeling Contractor Confidence

    Beyond just understanding builder sentiments, you should have a solid pulse on remodeling contractor sentiments as well. That’s why each quarter, our team at The Farnsworth Group tracks business confidence … See more

    Multi-Family Housing Starts Expected to Decline While Single-Family Housing Starts to Increase

    As market conditions create a more restrictive borrowing environment coupled with lower cap rates, the incentive for investor driven multi-family unit development has been reduced. This is making wa… See more

    Next Steps for Improving Your Brand’s Success in 2024 and Beyond

    For industry insights on what this means specifically to your business and what to be paying attention to going forward regarding your customers, brand and products, simply schedule a consultation. You can also download t… See more

    How much does a single-family home cost in 2022?
    Among the homebuilders surveyed, the average sales price of their single-family homes in 2022 was $644,750 and includes costs for construction, the finished lot, financing, overhead and general expenses, marketing, sales commission, and profit. Total construction costs for the average single-family home included in the survey was $392,241.
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