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. http://www.simplifyingthemarket.com/en/2016/05/27/new-existing-home-sales-climb-infographic/?a=242769-4eb2112ad1caac540e99a63dd199d5ed ❤️ #share #mortgage
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