Brand-New Homes Now Cost Less Than Used Ones

Newly built homes now sell for less than existing ones — normally the opposite, Straight Arrow News reported in August 2025. Builders are paying down buyers' mortgage rates and covering closing costs, perks that resale sellers can't match. NAHB data shows nearly 4 in 10 builders still cutting prices at 6% through July 2026, keeping pressure on resale prices and sales.