As contrasted with strictly national housing reports, this article highlights the regional variations in population growth patterns and recently built owner‐occupied housing as a means of determining single‐family housing price components (i.e., developed lot values, homebuilding costs, and builder's profit and overhead) by region. The assertion that escalating lot costs and increases in new housing costs will limit the demand for single‐family housing is challenged on a national basis and treated individually for the West, Northeast, South, and North Central Regions of the country.
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Clayton P. Pritchett (1977) studied this question.