New home sales fell to the lowest level in four years, despite lower interest rates and builder incentives.

America’s home builders closely follow the preferences of today’s home buyers to ensure they enjoy their new homes. For example, builders responded at the height of the pandemic by adding square ...

Choosing the new-construction route comes with challenges like cost overruns, permitting delays and supply-chain issues, but also the promise of getting a fully customized home. Credit...Kate Warren ...