The price premium on new-construction homes is dissolving. New home prices dropped in 30% of large U.S. cities last quarter
While new-construction homes have historically been more costly than buying an existing house, that trend is changing in some markets. Last quarter, year-over-year median listing prices for new builds dropped in 30 of the largest U.S. metros, according to an Aug. 7 Realtor.com report. Historically, the price-premium of new-construction homes has largely been driven by … Read more