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Local Builders Push For Affordability During National Homeownership Month

As the Builders League of South Jersey celebrates National Homeownership Month in June, builders in South Jersey continue to advocate for housing policies that will improve affordability in our community. According to the National Association of Home Builders (NAHB), approximately 65% of U.S. households (88 million) cannot afford a median-priced new home, which now costs nearly $415,000.

“Housing affordability is one of the most pressing issues facing our community, and homeownership remains out of reach for far too many people,” said Nick Fiocchi, the 2026 Builders League President. “The BLSJ is advocating for policy solutions that reduce barriers that drive up costs and limit supply because every family deserves a place to call their own.”

High material prices and labor shortages continue to pose a challenge for builders to construct attainable housing, according to NAHB. To expand access to homeownership, builders are narrowing the price gap by actively adjusting costs and design. According to a recent NAHB survey, 64% of builders offered sales incentives and 37% cut prices. At the same time, the median home size in 2025 was 2,155 square feet, essentially unchanged from 2024. Smaller homes remain an important tool for improving affordability for buyers.

"For most families, their home is the largest asset they will ever own and one of the most reliable paths to long-term financial security. That's why this fight matters," said Fiocchi. "We’re pushing to cut red tape, reduce costs and build more attainable and affordable homes for the families who want it."

On June 10, members from BLSJ and builders from across the country will meet with lawmakers on Capitol Hill in Washington, D.C., to discuss solutions to boost the nation’s housing supply and increase affordability.

 

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