Homebuilders get more aggressive to sell the inventory, but prices are still far too high. By Wolf Richter for WOLF STREET. Despite huge inventories of new houses for sale, including completed houses, homebuilders have continued to build homes […]
What homebuilder Taylor Morrison said about the costs of mortgage-rate buydowns v. actual price cuts. By Wolf Richter for WOLF STREET. Unsold inventories of new single-family houses for sale at all stages of construction in January rose by 8.3% from […]
Sales of new houses in 2024 were decent, while massive demand destruction crushed sales of existing houses because prices are way too high. By Wolf Richter for WOLF STREET. Bring on the supply of new houses: Unsold inventory […]
Price Cuts and mortgage-rate buydowns, though costly for homebuilders, make new houses more attractive. By Wolf Richter for WOLF STREET. The median price of new single-family houses that were sold in January ticked up from December, but was down […]
Homebuilders do what it takes to sell homes in this market while sales of existing homes have collapsed. By Wolf Richter for WOLF STREET. The median price of new single-family houses sold in December dropped to $413,200, down […]
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