Buyers Shift Toward New Construction as Newly Built Home Sales Rise in March
New single-family construction gained momentum in March as limited resale inventory and a slight easing in mortgage rates nudged buyers toward new builds.
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New single-family construction gained momentum in March as limited resale inventory and a slight easing in mortgage rates nudged buyers toward new builds.
Persistent inflation and higher borrowing costs are squeezing household budgets and cooling demand for new homes, leaving Florida buyers and builders cautious.