New Home Sales Race to Keep Up with Demand [INFOGRAPHIC]
![New Home Sales Race to Keep Up with Demand [INFOGRAPHIC] | Keeping Current Matters](https://static.wixstatic.com/media/afe665_36f612508f944e5cab26863eaf497e5f~mv2.jpg/v1/fill/w_1000,h_1569,al_c,q_90,usm_0.66_1.00_0.01/afe665_36f612508f944e5cab26863eaf497e5f~mv2.jpg)
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%.
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