New homes are now the cheapest they have been since the pandemic, as stubbornly low demand continues forcing homebuilders to offer hefty discounts in an attempt to encourage reluctant buyers to close a deal.Last month, the median sales price of a new home fell to $393,800, down 2.3 percent in June, when it was $403,100, and down 0.9 percent from a year earlier, when it was $397,300, according to t…
Map Shows Where New Home Sales Falling as Prices Hit Lowest Level Since 2021 – Newsweek
