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New home sales increased 11% in sales

While the new construction home sales increased 11% the total months supply of new homes has dropped to 7.3 months. The reason for the sales increase maybe the drop on new home prices. New homes prices have dropped 5% in march. Do you think new homes have dropped in prices due to builders building less expensive homes or new home buyers adding fewer options to their new home purchases?


RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty

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