This week’s New Home Sales report (for the month of March) stole the show, coming in over 1 million for the first time since 2006. But although sales are up 66% year-over-year, prices have fallen in recent months and are now basically unchanged from last year. What’s up with that?
Source: Kevin Litwicki MBSLIVE
15-Year High For New Home Sales, But Prices Are Flat. Here's Why