09/03/2026
Here's a stat that surprises most buyers: new construction is currently cheaper than an existing home, not more expensive.
Census and NAR data show new builds running about $40,000 below resale prices right now. The reason comes down to holding costs. Builders lose money every month a home sits empty, so many are cutting prices and layering on incentives like closing cost coverage and rate buydowns to move inventory.
The catch buyers don't always catch: the friendly rep in the sales office represents the builder, not them.
If you have buyers who ruled out new construction on price alone, this is the moment to revisit it with them and make sure they're walking in with their own representation.