A new study shows that the cost to build a new house is declining as well as the amount of money invested in it.
The research by the National Economic Council (NEA) shows that by 2019, the cost per square foot to build and maintain a home in the United States would fall by roughly 30%.
That’s an increase of about $20,000 per person.
The cost per unit of land also fell by $4,000.
The researchers calculated that the average cost per property to buy a new residence in the U.S. was $1,724 in 2018.
That number dropped by $2,400 in 2019 and $2.50 per square-foot by 2020.
That means the cost for a home will be less in 2020, 2020 and 2021 than it was in 2019, 2020, and 2021.
In 2021, the average price per unit is $1.35 million.
That’s about $25,000 less than in 2019.
The NEA also found that median home prices have declined, which suggests the housing market has stabilized.
But it found that a large portion of those prices are driven by investors who are looking for bargains and are looking to buy homes at bargain basement prices.
A similar phenomenon is happening with rents, which have fallen over the last few years, and there’s no sign that they will be rising.
This is especially true for renters, the researchers said.
As of 2021, average rents in the country were $2 a square-meter.
The average cost of a 2-bedroom apartment in New York City is $2 million, according to Zillow.
That is $18,000 below the median income in 2020.
Rentals have fallen by more than 70% over the past decade, according the NEA report.
The number of renters in the metro area is projected to fall by about 40% by 2021, which would be the biggest decline in the nation over the next 10 years.
In 2019, rents in New England fell by 20% and in the South fell by 19%.
It’s expected that the national decline will be even larger.
A more detailed analysis of the study is available at the NEAPC website.