Lennar's incentives surged to $48,100 per house, with prices dropping 5.8% year-over-year, helping new homes outcompete existing homes on a monthly payment basis. New single-family home sales rose 7.3 ...

Inventory of new completed houses jumped by 46% year-over-year in August. About half of all new houses sold are in various stages of construction currently. This buildup of spec houses is what the ...

Builders offering incentives to move inventory as they proceed more cautiously with new projects The supply of spec houses finished but unsold is rising — a sign that the new home market is struggling ...