Midwest Seeing Largest Gains as Home Sales on the Rise Again
CNBC reported on Tuesday that home sales are on the rise nationwide once again, with the number of new homes sold in April up seven percent from the numbers we saw in March.
Additionally, the Midwest has experienced the biggest growth recently, with a 37 percent surge in sales.
And finally, housing supply is so tight in some markets that we’re now seeing an 8 percent increase in home prices across the board, with the median new home price clocking in at $297,000.
Image via flickr/401(K) 2012