Prices For Newly Built Homes Drop as Builders Push More Incentives | Real Estate News & Insights | realtor.com®

Prices For Newly Built Homes Drop as Builders Push More Incentives | Real Estate News & Insights | realtor.com®

Prices For Newly Built Homes Drop as Builders Push More Incentives | Real Estate News & Insights | realtor.com®

Prices for newly constructed homes dropped last month, as builders offered bigger incentives to lure buyers struggling with affordability challenges. The median sales price of new houses sold in August was $420,600, the U.S. Census Bureau [reported](https://www.census.gov/construction/nrs/current/index.html) on Wednesday. That represented a 4.6% decline from one year ago, and a 2.1% drop from July’s median
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