Prices for newly built homes fell in a third of major U.S. cities over the past year, offering some relief to homebuyers struggling with affordability .
Little Rock, AR, saw the biggest decline, with median new-home list prices falling 13% in the first quarter of 2025 compared with a year earlier, according to the Realtor.com® economic research team’s New Construction Quarterly Report .
Overall, 32 of the nation’s top 100 metro areas saw declining new-home prices, including six areas where prices fell even though the typical size of new builds grew larger…