Tue.Apr 23, 2024

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New-home sales fared well in March

Housing Wire

“The new home market has been an outsized share of the housing inventory, so homebuilders have been able to attract prospective homebuyers who are seeing very limited supply in the existing home market,” Bright MLS chief economist Lisa Sturtevant said in a statement. According to the March data, however, builders are not slashing prices.”

Sales 442