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Sales of existing homes fall for 11th consecutive month
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 85143370:MV81MzQyNzUzXzk4NTgwNTYzX0MzRjFGNDg0] [quote:Anonymous Coward 85142449:MV81MzQyNzUzXzk4NTgwMjczX0RGQTVEMzQw] KB Homes experiences 68 % cancel rate in Q4 2022. 2/3 of Homebuyers walked away from their contracts in the quarter leaving KB Homes with a massive pile-up of inventory. In Q4 of 2021 the cancellation rate was only 13% ETA: The cancel rate in 2008 peaked for many large builders at around 50% Market is collapsing. [/quote] I'm fine with market collapsing as long as price keeps going up. it's called inflation and it's not finished. :lmao: [/quote]
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Sales of existing homes fall for 11th consecutive month
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