SFGATE
1 month agoNew-Home Prices Fall to Lowest Level in 3 Years as Builders Appeal To Buyers Amid High Mortgage Rates
Newly built home prices dropped 7.6% year-over-year to attract buyers amidst higher mortgage rates.
Despite a slight dip in new-home sales due to higher mortgage rates in February, sales are up annually and comprise a larger market share post-COVID. [ more ]