New Home Sales Up 12%!

New Home Sales up 12%!

  • Nationally, both New Home Sales and Existing Home Sales are up month-over-month and year-over-year.
  • Inventory remains low which continues to drive home prices up as demand continues to exceed 4.7-month inventory.
  • The median price of new homes is up 12 percent from March 2016, while the median price of existing home is up 6.2 percent this April 2015.

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