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Government regulations add nearly $132K to cost of new home, builders say
By FOX at FOX 9 KMSP (FOX)
· June 19, 2026
· 1 min read
Government regulations now add roughly $132,000 to the cost of a typical newly built home, according to a new study from the National Association of Home Builders (NAHB), as industry leaders warn that mounting costs are worsening the nation's housing affordability challenges.
Why this matters in The Minneapolis
In the Minneapolis area, where housing affordability is already a pressing concern, the added cost of government regulations on new homes will likely have a disproportionate impact on low- and moderate-income buyers. As the cost of new construction increases, developers may be forced to pass these expenses on to consumers, potentially pricing out those who are already struggling to find affordable housing options. This could exacerbate the existing shortage of affordable housing in Hennepin County, where demand for homes already outstrips supply. Local policymakers will need to consider the effects of these regulations on the regional housing market and explore ways to balance the need for regulatory oversight with the need for affordable housing options in the Twin Cities area. The NAHB study's findings will likely be closely watched by local builders and policymakers as they navigate the complex issue of housing affordability.
About this story
Original reporting by FOX 9 KMSP (FOX) . The Minneapolis surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit FOX 9 KMSP (FOX) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 19, 2026 ·
Source: FOX 9 KMSP (FOX) ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Government regulations now add roughly $132,000 to the cost of a typical newly built home, according to a new study from the National Association of Home Builders (NAHB), as industry leaders warn that mounting costs are worsening the nation's housing affordability challenges.
When was this published? This article was first published on June 19, 2026 by FOX 9 KMSP (FOX) and curated for The Minneapolis readers.
Who reported this story? This story was reported by FOX at FOX 9 KMSP (FOX). To learn more about how The Minneapolis selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Minneapolis, or browse our daily briefing and topic hubs .
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