New Homes Look Like a Deal, at Least Compared With Existing Ones

September 5, 2018
Prashant Gopal - Bloomberg

What’s happening to the new-home premium?

The average new home in the U.S. went for $324,467 in June, 28 percent more than the $254,200 price for existing homes, according to data from John Burns Real Estate Consulting LLC. That’s down from a 37 percent gap in 2015 and is the smallest difference since the end of 2010.



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