Demand for affordable homes dips as buyers shift to premium segment
Affordable housing sales plummeted 23% in early 2026, with builders citing rising costs and shifting demand towards pricier properties. While mid-range segments also saw dips, luxury homes experienced significant growth. Overall housing sales declined 4%, impacted by high prices and global uncertainties, indicating growing affordability pressures.
Affordable housing sales plummeted 23% in early 2026, with builders citing rising costs and shifting demand towards pricier properties. While mid-range segments also saw dips, luxury homes experienced significant growth. Overall housing sales declined 4%, impacted by high prices and global uncertainties, indicating growing affordability pressures.
