New Construction Offers a Boost in Home Affordability, but Tariffs May Stall Progress

New-home buyers pay lower mortgage rates, by about half of a percentage point New construction median list prices dip and shrink the price gap with existing homes to its lowest level since 2020 Builders are delivering smaller, lower-priced homes in 26 of the top 100 U.S. metrosAUSTIN, Texas, May 8, 2025 /PRNewswire/ -- New homes are offering an affordability edge in today's challenging housing market, according to the Realtor.com® New Construction Quarterly Report. In the first quarter of 2025, the median ...