In the second quarter of 2019, the nation’s home-sale prices for newly built homes fell 0.5% from 2018 levels. This means U.S. home-sale prices for new homes reached a median of $372,900 in Q2, remaining largely unchanged from the first half of this year, according to data from Redfin. Redfin chief economist Daryl Fairweather said the moderation of new-home prices is expected and confirms that builders are now shifting their focus toward offering smaller, more affordable homes.