10/22/2026
New Homes Compete Below Resale Prices
In recent months, we’ve seen a notable shift in home pricing that’s challenging the old assumption that new builds always come at a premium. Across the country, builder incentives have made many new homes more competitively priced than resales—something that’s definitely giving buyers more to think about. What’s driving this? Builders are eager to move completed properties, while many current homeowners are choosing to stay put, tightening resale inventory and keeping competition high in that segment. For most of the last decade, new construction meant paying more per square foot, but today’s market has turned that on its head with price reductions and expanded incentives from builders. The real advantage for buyers comes when builders hold ample inventory, creating room for negotiation; in contrast, areas with limited new construction may still tilt the advantage to those selling existing homes. As we look ahead, the balance of power for buyers will likely depend on how quickly new permits and construction progress—if new building slows, the current discounts may not last. As someone who’s dedicated to helping clients navigate the Rhode Island market with professionalism and expertise, I’m always watching these trends to ensure you have the latest insights for your next move.
