The percentage of sales for homes priced below $300,000 is increasing, government data showed on Thursday, in what some housing economists say is a signal of a possible shift in which builders might be constructing smaller homes that can be priced lower to attract first-time homebuyers.Read more: How to Get a MortgageIn April, 17 percent of new homes sold were priced at less than $300,000.
Views'We are seeing a growing share of homes that were sold in that under $300,000 category which is the lowest price category that they offer,' Danielle Hale, Realtor.com's chief economist, told Newsweek. That does suggest sales are picking up in more affordable price points. Those are probably smaller homes.
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