Nearly two-thirds of builders are offering things like free appliances or lower-interest rate loans, according to the National Association of Home Builders.
Builders are mostly working on apartments and condos, and are still waiting to commit to more residential construction.
Builders are facing elevated costs and — in some markets — weak demand, believe it or not.
The industry’s mood continues to brighten, a trade group says, but sourcing sophisticated equipment remains a challenge.
More buyers are turning to newly constructed homes as fewer owners of existing homes choose to sell.
