New home sales disappoint in October, prices fall
Housing Wire
NOVEMBER 27, 2023
However, new home sales were still up year-over-year due to a lack of housing inventory in the resale market. Builders have been struggling with the increased cost of borrowing, while many buyers were priced out of an unaffordable housing market. Builder confidence fell to 40 in October. Nationwide, 30.6%
Let's personalize your content