According to a recent report from the Building Industry and Land Development Association (BILD), the rebate “positively impacted” low-rise new-home sales in April, when they surpassed their 10-year average for the first time in three years. However, the broader new-home market remains sluggish. Total new-home sales reached 1,100 units in April, still 55 per cent below the 10-year average, while condo sales were 88 per cent below that benchmark.
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