#median-price-decline

#median-price-decline

A delayed December new-home sales release showed a slight increase in 2025 over a year earlier, but median new-home sales prices decreased, reflecting a challenging homebuilding market weighed down by cost reductions, elevated incentives and a slower-than-expected sales pace. New home sales ended 2025 on a mixed but resilient note, signaling steady underlying demand despite ongoing affordability and supply constraints, wrote Danushka Nanayakkara-Skillington, Assistant VP for Forecasting and Analysis at the National Association of Home Builders.