Look out below! New-home sales fall off a cliff
Housing Wire
NOVEMBER 26, 2024
After a year of strong results, sales of newly built homes took a major step back last month. Department of Housing and Urban Development (HUD) shows new-home sales in October clocking in at a seasonally adjusted annual rate of 610,000 — a 17.3% The median sale price of a new home hit $437,300, a 4.7% Census Bureau and the U.S.
Let's personalize your content