New Home Sales Up as Prices Rise

April 25, 2017 Seth Welborn

According to data released on Tuesday by the Department of Housing and Urban Development (HUD) and the Census Bureau, new home sales grew by 5.8 percent month-over-month in March, and 15.6 percent year-over-year. The median home price rose to $315,000, while the average home price grew to $388,200.

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