Some Highlights:

• Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase.
• The median home price decreased slightly from September’s high of $314,100 to $304,500 in October.
• The West saw the largest month over month jump in sales at 28.7%.
• http://www.anjadrewes.com/2016/12/02/new-home-sales-race-to-keep-up-with-demand-infographic/