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The Property Academy Podcast

New Builds vs Existing Homes – Which Prices Fell the Most? ⎜ Ep. 1423

04 Aug 2023

Description

In this episode, we delve into the differing price movements between new builds and existing homes over the past 18 months. We examine recent market trends, discussing if the rising cost of building and dropping prices of existing houses make it wiser to "buy the dip." We also touch on the decline in new build prices using data from developers, including Williams Corporation, and compare it with the overall market decrease. Main Topics Discussed: New builds vs existing home prices Construction costs Building costs

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