New home sales in the United States posted a notable increase, reflecting growing confidence among buyers despite higher mortgage rates and affordability challenges. The latest figures show that lower inventory in the resale market is pushing more people toward new construction homes, and homebuilders are responding by offering incentives and discounts to attract buyers.
Analysts note that while interest rates remain elevated, persistent demand and limited existing home options are bolstering the market for newly built houses. This trend is helping to sustain construction activity, offering some relief to supply shortages and providing choices for buyers who might otherwise struggle to find suitable properties.
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