New Home Sales Surge By 5.7%! [INFOGRAPHIC]
Some Highlights:
- The median price of a newly constructed home is currently $292,700.
- Sales are up 5.7% month-over-month and 21.6% year-over-year.
- Many buyers are looking to new homes as an option due to the lack of inventory of existing homes for sale.
Source: Michigan Real Estate News, John Rice Realtor Latest Real Estate News