It is not just cost it is knowing subs that are quality and will know code approval porces.Please talk with a local mid size builders for local trends.

The heavy handed government covid responses screwing over many landlords has contributed to this trend.

@Stephen Colaco The trends in some of the tertiary markets are more favorable to me.

But honestly once rates on duplexes keep going up I expect SFH's to follow right behind in the same trend.

@Buyan Thyagarajan 19143 + 19139 are some of the hottest areas in Philly right now, and the appreciation in this pocket has exploded in the last year.

I’m mostly interested to know the trend/statistics for homes in the Salt Lake east side/Sugar House/Aves/Millcreek/Holladay.

The stats from the MLS show that the median percent of list price homes are selling for right now is 99.4% and that keeps trending up.Buyer demand is sky high right now, with 25-30% more buyers than normal in the market with the number of available homes for sale being much lower than normal.

Also, there's a trend here in Asheville where larger, multi-building properties - like BnB's - are being purchased by individuals and turned into family compounds, with the additional/optional rental income potential.

Would love to connect you with my network and talk specifics regarding current Oregon Real Estate Market trends. 

I ask because the luxury market ($4M+) is the hottest it's ever been in NYC.