New & Existing Home Sales Climb

by The KCM Crew on May 27, 2016 in For Buyers, For Sellers, Housing Market Update,Infographics

Some Highlights:

• 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 the 4.7-month inventory.
• The median price of new homes is up 12% from March 2015, while the median price of existing homes is up 6.3% from April 2015.