New home sales see unexpected surge, but analyst says ‘entry level’ price is now much higher

New home sales see unexpected surge, but analyst says ‘entry level’ price is now much higher

The buying, however, was all in the mid to luxury sectors. Just 10% of sales were for homes below $200,000, which used to be considered the entry level for the builders. The biggest gain in sales was at the highest end.

#mariesellsdallas #realetsate #homebuilders #firsttimebuyer #homesforsale

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