New Home Sales Race to Keep Up with Demand

    New Home Sales Race to Keep Up with Demand [INFOGRAPHIC] | Keeping Current Matters

    Some Highlights:

    • Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase.
    • The median home price decreased slightly from September’s high of $314,100 to $304,500 in October.
    • The West saw the largest month over month jump in sales at 28.7%.

    Source: Keeping Current Matters /The KCM Crew 1201216

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    Jennifer Carstensen

    RE/MAX Real Estate Experts 901-685-6000 License: 317824 Office License: 262452

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