Yes, they do. However, today’s new homes don’t settle as much as new homes did in the past. This is because homes built today have soils reports, soil compaction requirements and drainage systems integrated into their design to keep them from settling excessively. Today, the allowable rate of settling is 1” over a 20’ span.
In contrast, older homes had less stringent requirements when they were built. Soils reports were rare and drainage systems were mostly an afterthought.