Real Estate - Homes
New home market update
Resale activity remains sluggish, and new home sales are down compared to this time last year. While each home sale may feel like a slog, context is still important. The Zonda Market Ranking held at average in June for the sixth consecutive month. While an average ranking may not signal a booming market, it does suggest that consumers are still showing some level of positive responsiveness to builder incentives and/or price cuts.
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