Inventory Challenges Continue! [INFOGRAPHIC]

    Inventory Challenges Continue! [INFOGRAPHIC] Some Highlights: After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories. Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800. New home prices slowed as builders have started to turn their focus toward single family, smaller homes.

    Some Highlights:

    • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
    • Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800.
    • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.

    Keeping Current Matters with Rinehart Realty

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