Monday 26 October 2020

New home sale prices rise but buyers are hanging back

Americans paid more for newly-built homes last month but they didn’t buy as many of them. The median price of new homes that sold in September was $326,800, up 4.5 percent from August, according to the Census Bureau’s monthly report of signed contracts and paid deposits for newly-built single family homes. The data comes as the number of new homes sold last month — seasonally adjusted — fell 3.5 percent, to 959,000, from over 1



source https://therealdeal.com/2020/10/26/new-home-sale-prices-rise-but-buyers-are-hanging-back/

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