Newly Built Urban Homes Carry a Massive Price Premium of Up to 300%

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Newly Built Urban Homes Carry a Massive Price Premium of Up to 300%

If you’re looking for a newly built home in the city, there are typically fewer options than in the suburbs. Suburban building dominates the current market for new homes, with only 10% of new-construction homes for sale in urban areas, compared with 30% of existing homes, according to the Realtor.com® quarterly New Construction Insights analysis.
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