New home sales fell again in February
Housing Wire
MARCH 23, 2022
“This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 months supply. “One year ago, 31% of new home sales were priced below $300,000.
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