Profit Margins on U.S. Home Sales Drop to 2-Year Low
Based on ATTOM’s newly released first-quarter 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales across the United States decreased to 44.2 percent as home prices stayed flat or kept declining around most of the nation. The drop-off in typical profit margins, from 48.7 percent in the fourth quarter of…
