New Homes Are Now Cheaper Than Existing Homes in Many Markets

New homes are becoming a better deal than existing homes in many housing markets. A new Zillow analysis finds that new construction is now selling for less per square foot nationwide, with some of the biggest discounts in Sun Belt markets. Kathy Fettke explains what's driving the shift, why builders are offering more incentives, and what it could mean for homebuyers and real estate investors.

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Source: https://www.zillow.com/research/new-construction-cost-square-foot-2026/