RCLCO: Master-Planned Communities Sales Decline

House sales in master-planned communities declined at mid-year in part due to heightened economic uncertainty and weak consumer sentiment, according to RCLCO Real Estate Consulting’s latest Master-Planned Communities Report.

Sales Increase in Large Master-Planned Communities

New home sales in the largest master-planned communities increased by nearly 14% in 2023 compared to 2022, according to real estate consulting firm RCLCO, Bethesda, Md.

Master-Planned Communities See Sales Decline

RCLCO, Bethesda, Md., reported master-planned communities–just like the broader U.S. housing market–saw a decline in home sales last year compared to 2021.