New & Existing Home Sales Climb [INFOGRAPHIC]
![New & Existing Home Sales Climb [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2016/05/07163003/20160527-EHS-APR-KCM-1.jpg)
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 2016, while the median price of existing homes is up 6.3% from April 2015.
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The standard time it takes appears to be 14 days.