Share of New Homes Selling at a Discount Outpaces Existing Homes for First Time

Newly built attached homes are usually in high-cost urban markets, while single-family homes are often located in more affordable suburbs, according to Realtor.
Share of New Homes Selling at a Discount Outpaces Existing Homes for First Time
Signs stand in front of a new home for sale in a West Des Moines, Iowa, neighborhood, on Sept. 21, 2010. Charlie Neibergall/AP Photo
Mary Prenon
Mary Prenon
Freelance Reporter
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Nearly 20 percent of newly constructed homes across the United States experienced price cuts in late 2025, surpassing those in the existing home sales market for the first time in recent history, according to a Feb. 12 Realtor.com report.

The report indicates that 18.3 percent of existing homes saw price reductions during the same period, with most of them concentrated in the South and West.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.