New Home Sales Race to Keep Up with Demand [INFOGRAPHIC]

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%.

---

Members: Sign in now to set up your Personalized Posts & start sharing today! Not a Member Yet? Click Here to learn more about KCM’s newest feature, Personalized Posts.