Why New Home Prices Are Rising Despite Falling Starts

In July, housing starts dropped to 1.24 million while building permits rose to 1.43 million. This divergence suggests builders are prioritizing higher-margin luxury units over starter homes. We explore how the median home price hit $410,700 and why mortgage rates near 6.7 percent are pushing buyers toward new construction even as inventory tightens. Lucas and Luna break down the economics of builder margins, land costs, and the shifting composition of new housing supply in September 2026. #HousingMarket #RealEconomics #NewConstruction #MortgageRates #HomeBuilderStocks #HousingSupply #LuxuryHomes #StarterHomes #BuildingPermits #HousingStarts #MedianHomePrice #FexingoBusiness #BusinessPodcast #EconomicsExplained #RealEstateInvesting #ConstructionIndustry #HousingPolicy #FexingoPodcast Keep every episode free: buymeacoffee.com/fexingo