National New Home Sales Are Up
New home sales across the U.S. increased a healthy 27.7% from a year ago and remain near a two-year high, with every region up in the last year.
Nationally, months’ supply of new homes now stands at 4.5 months.
The median sales price for a new home in the U.S. hit $256,900, up 11.2%, in August ~ the largest monthly increase since 1963.
The Boise area’s new homes remain a bargain when compared to the national numbers!
Source: Guild Mortgage
October 2nd, 2012 Posted in New Construction Market Stats
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