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Housing Markets

2 GoKawiil briefs on this topic

New-Build Homes Now Cheaper Than Resales in Fast-Growing Southern Metros

Homebuilders in several booming Southern housing markets have ramped up construction so aggressively that newly built homes are now priced at or below comparable existing homes. This reverses the usual pattern where new construction commands a premium over older housing stock.

Home prices fall year-over-year in 64 of largest U.S. metros, ResiClub finds

An analysis by Lance Lambert's ResiClub identifies 64 major metropolitan housing markets where home prices are lower than they were a year earlier. The number of metros in decline has held roughly steady over the past year after an earlier wave of softening, even as the overall national housing market remains sluggish.