New Home Sales Price down 6.3% YoY, down 13.5% from 2022 peak.

We’re noticing this here in SW Fl. Homes are going for less or sitting on the market.

New single family construction has dropped a lot. Of course we’d like our home value to stay up but more importantly we’d like our kids to be able to buy a home in the near future.

h/t EJK54