Every Tenth New Home Sold In The US Costs Half-A-Million Or More

April 25, 2015 3:49 pm

There is definitely some detail to that stat – but we spotted this today –

“As with most consumer items, the mix of new homes has changed in this expansion. That has shifted prices a bit. Although homes costing less than $300,000 still hold a slim majority of all new homes sold, the growth sector has been in more luxurious residences. Homes costing $500,000 or more accounted for almost 11% of new homes sold in 2014, up from 8% in 2011.”

Source

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