New home sales dip 2.5% in June, but continue to be an outsized share of the housing market
Housing Wire
JULY 26, 2023
The restricted supply of existing homes is a boon for homebuilders this year, as weary homebuyers find more open doors when walking through new floorplans and neighborhoods,” George Ratiu, the chief economist at Keeping Current Matters , said in a statement. A year ago, the median sales price was $432,700. and 28.4%, respectively.
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