Homebuilders in the U.S. may have pushed buyers to a breaking point by raising prices higher and faster than ever. Now, they’re easing up -- but just a little.
About 62% of homebuilders said they raised prices in July, the smallest share since June 2020 and down from the peak of 95% in April, according to a survey by John Burns Real Estate Consulting. Prices increased 19% from a year earlier, matching June’s rate after the pace accelerated every month since October.
