This week Perry Wellington 4.5 discuss signs of a softer housing market.
- 12% of adults say they plan to buy a home next year, according to a survey done by the National Association of Home Builders
- Supply of newly built homes fell 1 percent in the second quarter, the first annual drop in 6 years (according to Redfin*)
- Prices for newly built homes have moderated, after 7 straight years of increases. Overall sales are up 1 percent annually.
*For more information and stats, you can see the Redfin information by clicking here.