Prices dip

SmartNewHomes.

com’s latest report that shows new home prices dipped last month. The average price of a new home in October was 255,327, down 2.4% since the same time last year and a further marginal decrease of 0.2% on September. The report suggests the housing market hasn’t fully recovered from the downturn in prices and activity which has blighted it since the end of last year.