New & Existing Home Sales Climb [INFOGRAPHIC]

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.