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Price Cuts on New Construction Homes Becoming More Common

Jan 17, 2019 - PR Newswire

PR Newswire

 Home shoppers may be able to find a better deal on a new construction home than they could a year ago. Anew Zillow® analysisfinds that price cuts were more common in the fourth quarter of 2018 than in the first quarter.

Across the country, 25.1 percent of new construction homes had a price cut in the fourth quarter, compared with 19.2 percent of new homes in the first quarter of the year. This mirrors a trend seen in the overall housing market, withprice cuts becoming ...