The culprit is cheap, stick-built construction that has a useful lifetime measured in a couple decades, not a couple centuries. [And if we, as a society, say with a straight face that we can't afford to build that anymore... isn't that a sign of how much poorer we all are collectively?]
I do realise the general answer is about availability of materials and both work. But ceteris paribus, talking about noise, the prospect of a timber terrace does seem.. unappealing?
IME (in the UK) noise comes through windows, not (external, including to an attached neighbour) walls.
Modern 'partition' (those between rooms within a dwelling) walls aren't brick, but typically between semis or in a terrace the dividing walls are. You might hear the neighbours in the garden through the windows, but not through the wall between your adjoining rooms.
I've lived in some very loud stick built buildings though. Americans seem to love to put multi family housing on 5 lane roads.