Sales and prices of new homes in the Tucson market are strong.Top homebuilders sold between 45 and 70 new homes a month in the first quarter of the year, with average selling prices of around $450,000.And existing homes for sale remain scarce, so demand for new homes is at its peak.Those combined factors would suggest that homebuilders are eager to build even more homes.Yet permits for new home starts are down more than 36% in the first quarter of 2025 compared to the same period in 2024.“Perhaps the biggest challenge the local housing industry is facing is the uncertainty,” said local housing analyst Jim Daniel. “How to plan, how to price costs of construction, how to anticipate future volumes of sales, the availability of materials and components, the timing of land deals, and a myriad of other elements.
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