As Home Prices Fall, Buyers Are Inching Back Into the For-Sale Market
Pro Builder
JANUARY 10, 2023
On the contrary, falling home prices are discouraging would-be sellers who are losing negotiating power in a less competitive market. They were still over 8% higher year over year, but that annual comparison is now half of what it was in June. Prices in November, the most recent measurement, were 2.5% New-Home Sales.
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