You are here

Incentives galore for new US homebuyers

US builders are trying to increase earnings by selling more houses, even if it requires freebies to draw customers

Sales of new houses are strengthening after choppiness last year, with purchases last month reaching the highest pace since 2008.

Los Angeles

AS the key spring US homeselling season approaches, buyers are finding deals on new houses as builders focus on boosting revenue.

Dwayne Saunders purchased a house in Eastvale, California, in December, paying US$450,000 after builder D R Horton Inc cut the price by 4.5