New-Home Sales Surge in Fourth Quarter as Inventory Tumbles, Prices Flatten (access required)

By: Staff Report February 11, 2020

New-home sales rose 8.8% year over year in the fourth quarter, the biggest gain in more than two years and the third-consecutive quarter of increases, driving continued depletion of inventory in the market, according to a new report from Redfin (www.redfin.com). New-home supply slid 11.1% year over year, the biggest inventory drop since at least 2012 ...

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Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

New-Home Sales Surge in Fourth Quarter as Inventory Tumbles, Prices Flatten

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