Some Highlights:
- The median price of a newly constructed home is currently $292,700.
- Sales are up 5.7% month-over-month and 21.6% year-over-year.
- Many buyers are looking to new homes as an option due to the lack of inventory of existing homes for sale.
![New Home Sales Surge By 5.7%! [INFOGRAPHIC] | Keeping Current Matters](https://i0.wp.com/www.keepingcurrentmatters.com/wp-content/uploads/2015/10/New-Construction-KCM.jpg)