A $1,000 Increase in Home Prices Keeps More than 200,000 Households Out of the Market

(RECAP: Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB). The number of households affected varies across states and metro areas and largely depends on their population, income distribution and new home prices. “This study highlights the real effects that building regulations have on housing affordability,” said NAHB Chairman Kevin Kelly. “Local, state and federal government officials need to know that higher regulatory costs have real consequences for working American families.”)