Inventory Challenge Continue

Dated: 05/30/2017

Views: 37

Inventory Challenges Continue! [INFOGRAPHIC] | MyKCM

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.

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