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MarketWatch (October 19)

2026/ 10/ 20 by jd in Global News

“More home builders are cutting prices on new houses even as their construction costs increase, as buyers flee the housing market.” Excluding the pandemic, “buyer traffic to newly built homes” slumped to the lowest levels since 2012. “The average price cut was 6% for the seventh month in a row, and 65% of builders were also using incentives to boost sales.”

 

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