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.
