![Housing Market Snapshot [INFOGRAPHIC] | Simplifying The Market](http://www.simplifyingthemarket.com/wp-content/uploads/2016/05/Housing-Market-Update-STM.jpg)
Some Highlights:
- Home sales are up 1.5% year-over-year and 5.1% month-over-month.
- Demand is still much higher than the available housing inventory which declined 2.2% from March 2015.
- This is the 49th consecutive month with year-over-year price gains.