As home builders aggressively slash prices to boost sales, prices of newly built homes are coming down. The median sales price of a new home in June was $401,800, which was about 5% lower than in May.

Newly built homes are now cheaper than existing ones, according to the latest data, as developers navigate an oversaturated housing market where sellers far outnumber buyers. The median sale price of ...

The median sales price of a new home was $33,500 less than that of an existing home As home builders aggressively slash prices to boost sales, prices of newly built homes are coming down. The median ...