{"id":61614,"date":"2025-11-26T03:05:09","date_gmt":"2025-11-26T02:05:09","guid":{"rendered":"https:\/\/housesmarketplace.com\/new-home-price-premium-hits-record-low\/"},"modified":"2025-11-26T03:05:09","modified_gmt":"2025-11-26T02:05:09","slug":"new-home-price-premium-hits-record-low","status":"publish","type":"post","link":"https:\/\/housesmarketplace.trio-tv.com\/ru\/new-home-price-premium-hits-record-low\/","title":{"rendered":"\u041d\u0430\u0434\u0431\u0430\u0432\u043a\u0430 \u043a \u0446\u0435\u043d\u0435 \u043d\u0430 \u043d\u043e\u0432\u043e\u0435 \u0436\u0438\u043b\u044c\u0435 \u0434\u043e\u0441\u0442\u0438\u0433\u043b\u0430 \u0440\u0435\u043a\u043e\u0440\u0434\u043d\u043e \u043d\u0438\u0437\u043a\u043e\u0433\u043e \u0443\u0440\u043e\u0432\u043d\u044f"},"content":{"rendered":"
\n

Monthly payments for new and existing homes are now nearly equal, amid a trend of stagnating prices and increased use of mortgage buydowns among builders.\u00a0<\/p>\n

That was one of the main findings from Realtor.com<\/strong><\/a>\u2019s Q3 New Construction Report. According to the report, buyers purchasing a new home last quarter had an average mortgage payment only about $30 more per month than those buying an existing home \u2014 with less money down.\u00a0<\/p>\n

This is because, as softening market conditions have stalled new-home sales pace in more and more markets, the pricing gap between new and existing homes is shrinking, and buyers purchasing new homes receive larger rate breaks due to higher builder incentives.\u00a0<\/p>\n

New home prices are stagnating<\/h3>\n

Nationally, the median listing price for newly built homes in Q3 was $451,337, a year-over-year increase of +0.2% and a decline of 4.0% from the 2022 peak. At the same time, existing-home prices, remaining \u201csticky-high\u201d thanks in part to so many current owners feeling \u201clocked-in\u201d to historically low interest rates, increased 1.6% annually to $409,667, 3.9% above Q3 2022.<\/p>\n

New home prices have stagnated, in part because builders are working through excess inventory in specific markets and need to price to sell. Builders are eager to sell, and much new construction also takes place on the outskirts of metropolitan areas, away from city centers and in less premium regions.\u00a0<\/p>\n

Some of the decline from 2022 can also be attributed to regional differences. Home prices peaked in some rapidly growing \u201cpandemic boomtowns\u201d like Austin and Boise in 2022, and have since come down.\u00a0<\/p>\n

Additionally, new homes, while larger than existing homes, tend to be slightly smaller than they used to be as builders aim to address affordability.<\/p>\n

\u201cThat\u2019s just kind of a reflection of builders wanting to offer lower dollar inventory that\u2019s more accessible to folks,\u201d said Realtor.com Senior Economist Joel Berner.\u00a0<\/p>\n

According to Berner, the average square footage for an existing home is about 1,700 to 1,800 square feet, while new homes average 2,000 square feet. Adjusted for median price per square foot, existing homes now edge out new construction slightly, signaling that newly built homes are now a better deal for buyers.\u00a0<\/p>\n

New home premiums are heightened in the Northeast and Midwest<\/h3>\n

New homes are at a premium in the Northeast and Midwest, due to relatively low supply. Meanwhile, the South and West, where new homes are much more prevalent, offer builders a disadvantage. While the median price per square foot for new homes remains elevated in the Northeast and Midwest, the opposite is true in the South and West.\u00a0<\/p>\n

\"image\"<\/figure>\n

\u201cThere\u2019s a lot of new developments where pretty small, affordable homes are what\u2019s being built. That\u2019s just not the product being offered in the Northeast right now, because it\u2019s more difficult to build, and you need a much higher margin,\u201d Berner said. \u201cIn some of those markets, especially in the northeast, zoning regulations are really strict. Land is really expensive. [New construction] just is not easy to do, so when it does happen, it has to happen at a much higher price point.<\/p>\n

Berner pointed to New Haven, CT, as a prime example, where the average new home is about three to four times more expensive than existing homes. On the other side of the spectrum, new homes in Austin are cheaper than existing houses, and there are challenges for builders in many other Sunbelt markets, such as San Antonio, Nashville, and certain Florida metro areas.\u00a0<\/p>\n

Builders use higher incentives to sell homes<\/h3>\n

New home buyers are also paying lower mortgage rates than those purchasing existing homes, as mortgage rate buydowns and below-market financing are the most prevalent builder incentives. Last quarter, the average mortgage rate for newly constructed homes was 5.27%, compared with 6.26% for existing-home buyers.\u00a0<\/p>\n

This 99-basis point gap is the widest it has been in recent years, partially because builders were forced to use increased incentives to sell an excess level of supply, especially of spec homes.\u00a0<\/p>\n

\u201cIf mortgage rates continue to come down, then the mortgage rate buydown is less sexy of a marketing tool, so it just probably wouldn\u2019t be used as much,\u201d said Realtor.com<\/a> Senior Economist Joel Berner.\u00a0<\/p>\n

Down payments for new homes, averaging 15.7%, were also lower than 17.8% for existing-home buyers. This is a reversal from historical norms.\u00a0<\/p>\n

The use of higher incentives among builders could also be partially tied to psychology, Berner said.\u00a0<\/p>\n

\u201cWhen you have an inventory of 1,000 homes you\u2019ve got to sell, it\u2019s just doing business. When it\u2019s your home, and you\u2019re selling it, you really don\u2019t want to cut that price,\u201d he explained. \u201cBuilders just want to sell that inventory quicker than maybe some owners of these existing homes.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Monthly payments for new and existing homes are now nearly equal, amid a trend of stagnating prices and increased use of mortgage buydowns among builders.\u00a0 That was one of the main findings from Realtor.com\u2019s Q3 New Construction Report. According to the report, buyers purchasing a new home last quarter had an average mortgage payment only […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-61614","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nNew home price premium hits record low - Houses Marketplace<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/housesmarketplace.trio-tv.com\/ru\/new-home-price-premium-hits-record-low\/\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New home price premium hits record low - Houses Marketplace\" \/>\n<meta property=\"og:description\" content=\"Monthly payments for new and existing homes are now nearly equal, amid a trend of stagnating prices and increased use of mortgage buydowns among builders.\u00a0 That was one of the main findings from Realtor.com\u2019s Q3 New Construction Report. According to the report, buyers purchasing a new home last quarter had an average mortgage payment only […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/housesmarketplace.trio-tv.com\/ru\/new-home-price-premium-hits-record-low\/\" \/>\n<meta property=\"og:site_name\" content=\"Houses Marketplace\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-26T02:05:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.housingwire.com\/wp-content\/uploads\/2025\/11\/image_bd0130.png?w=1024\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u041d\u0430\u043f\u0438\u0441\u0430\u043d\u043e \u0430\u0432\u0442\u043e\u0440\u043e\u043c\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u041f\u0440\u0438\u043c\u0435\u0440\u043d\u043e\u0435 \u0432\u0440\u0435\u043c\u044f \u0434\u043b\u044f \u0447\u0442\u0435\u043d\u0438\u044f\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 \u043c\u0438\u043d\u0443\u0442\u044b\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#\\\/schema\\\/person\\\/1276f6cf52b5de6bd341c72ea8c75b0b\"},\"headline\":\"New home price premium hits record low\",\"datePublished\":\"2025-11-26T02:05:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/\"},\"wordCount\":784,\"image\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.housingwire.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/image_bd0130.png?w=1024\",\"articleSection\":[\"Uncategorized\"],\"inLanguage\":\"ru-RU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/\",\"url\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/\",\"name\":\"New home price premium hits record low - Houses Marketplace\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.housingwire.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/image_bd0130.png?w=1024\",\"datePublished\":\"2025-11-26T02:05:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#\\\/schema\\\/person\\\/1276f6cf52b5de6bd341c72ea8c75b0b\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/#breadcrumb\"},\"inLanguage\":\"ru-RU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ru-RU\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.housingwire.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/image_bd0130.png?w=1024\",\"contentUrl\":\"https:\\\/\\\/www.housingwire.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/image_bd0130.png?w=1024\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/new-home-price-premium-hits-record-low\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New home price premium hits record low\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#website\",\"url\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/\",\"name\":\"Houses Marketplace\",\"description\":\"International Real Estate\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ru-RU\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#\\\/schema\\\/person\\\/1276f6cf52b5de6bd341c72ea8c75b0b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ru-RU\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/ru\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New home price premium hits record low - Houses Marketplace","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/housesmarketplace.trio-tv.com\/ru\/new-home-price-premium-hits-record-low\/","og_locale":"ru_RU","og_type":"article","og_title":"New home price premium hits record low - Houses Marketplace","og_description":"Monthly payments for new and existing homes are now nearly equal, amid a trend of stagnating prices and increased use of mortgage buydowns among builders.\u00a0 That was one of the main findings from Realtor.com\u2019s Q3 New Construction Report. According to the report, buyers purchasing a new home last quarter had an average mortgage payment only […]","og_url":"https:\/\/housesmarketplace.trio-tv.com\/ru\/new-home-price-premium-hits-record-low\/","og_site_name":"Houses Marketplace","article_published_time":"2025-11-26T02:05:09+00:00","og_image":[{"url":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2025\/11\/image_bd0130.png?w=1024","type":"","width":"","height":""}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"\u041d\u0430\u043f\u0438\u0441\u0430\u043d\u043e \u0430\u0432\u0442\u043e\u0440\u043e\u043c":"admin","\u041f\u0440\u0438\u043c\u0435\u0440\u043d\u043e\u0435 \u0432\u0440\u0435\u043c\u044f \u0434\u043b\u044f \u0447\u0442\u0435\u043d\u0438\u044f":"4 \u043c\u0438\u043d\u0443\u0442\u044b"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/#article","isPartOf":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/"},"author":{"name":"admin","@id":"https:\/\/housesmarketplace.trio-tv.com\/#\/schema\/person\/1276f6cf52b5de6bd341c72ea8c75b0b"},"headline":"New home price premium hits record low","datePublished":"2025-11-26T02:05:09+00:00","mainEntityOfPage":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/"},"wordCount":784,"image":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/#primaryimage"},"thumbnailUrl":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2025\/11\/image_bd0130.png?w=1024","articleSection":["Uncategorized"],"inLanguage":"ru-RU"},{"@type":"WebPage","@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/","url":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/","name":"New home price premium hits record low - Houses Marketplace","isPartOf":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/#primaryimage"},"image":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/#primaryimage"},"thumbnailUrl":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2025\/11\/image_bd0130.png?w=1024","datePublished":"2025-11-26T02:05:09+00:00","author":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/#\/schema\/person\/1276f6cf52b5de6bd341c72ea8c75b0b"},"breadcrumb":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/#breadcrumb"},"inLanguage":"ru-RU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/"]}]},{"@type":"ImageObject","inLanguage":"ru-RU","@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/#primaryimage","url":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2025\/11\/image_bd0130.png?w=1024","contentUrl":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2025\/11\/image_bd0130.png?w=1024"},{"@type":"BreadcrumbList","@id":"https:\/\/housesmarketplace.trio-tv.com\/new-home-price-premium-hits-record-low\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/housesmarketplace.trio-tv.com\/"},{"@type":"ListItem","position":2,"name":"New home price premium hits record low"}]},{"@type":"WebSite","@id":"https:\/\/housesmarketplace.trio-tv.com\/#website","url":"https:\/\/housesmarketplace.trio-tv.com\/","name":"\u0420\u044b\u043d\u043e\u043a \u0434\u043e\u043c\u043e\u0432","description":"\u041c\u0435\u0436\u0434\u0443\u043d\u0430\u0440\u043e\u0434\u043d\u0430\u044f \u043d\u0435\u0434\u0432\u0438\u0436\u0438\u043c\u043e\u0441\u0442\u044c","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/housesmarketplace.trio-tv.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ru-RU"},{"@type":"Person","@id":"https:\/\/housesmarketplace.trio-tv.com\/#\/schema\/person\/1276f6cf52b5de6bd341c72ea8c75b0b","name":"\u0430\u0434\u043c\u0438\u043d\u0438\u0441\u0442\u0440\u0430\u0442\u043e\u0440","image":{"@type":"ImageObject","inLanguage":"ru-RU","@id":"https:\/\/secure.gravatar.com\/avatar\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/housesmarketplace.trio-tv.com\/ru\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/posts\/61614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/comments?post=61614"}],"version-history":[{"count":0,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/posts\/61614\/revisions"}],"wp:attachment":[{"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/media?parent=61614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/categories?post=61614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/tags?post=61614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}