New-Home Prices Fall to a Two-Year Low, Sending Sales Up 6%

New-Home Prices Fall to a Two-Year Low, Sending Sales Up 6%

Sales of newly built homes surged in November as prices fell to their lowest in more than two years, wooing cash-strapped buyers off the sidelines. The median sales price of new houses sold last month was $402,600, an 8% decline from the prior month and the lowest level recorded since February 2022, the U.S. Census
Read More

Scroll to Top