I’m glad they printed this, because I think it’s a real issue nowadays. This is my #1 concern regarding the reliability of supposedly accurate price metrics, such as the CME Case-Schiller index. Anecdotal evidence in SD shows incentives in the 2%-5% range, perhaps even higher for new construction. I’m sure these are not captured in NAR’s data (they don’t even bother to make that claim), but I am afraid they’re not captured in the CME futures, either.
