New houses are still more expensive than existing homes, despite what the data saysThe median price of a newly built house was slightly lower in March than the median price of an existing home sold that month. That's not the full story.New houses are still more expensive than existing homes, despite what the data says
Soaring lumber prices add $36,000 to the cost of a new home, and a fierce land grab is only making it worseAs the housing market gets leaner, potential buyers are turning in greater numbers than ever to new construction, but builder costs are soaring.Soaring lumber prices add $36,000 to the cost of a new home, and a fierce land grab is only making it worse