Below is some new housing data I took from the US Census report on New Housing in the US(January 2013).
It shows the number of New Houses sold and a price range for those houses in the years 2012 and 2013. The numbers are in "thousands" so add 3 zeroes to the end of the numbers you see below.
In nominal numbers, the lions share of new houses are in the $200-$300,000 dollar range (141,000 built and sold in 2013).
I calculated the year over year percentage change in the number of houses in each price band.
The lower end of the market, the under $150,000 up to $200,000, had a net decline of 5%.
The upper end of the market, $500,000 and over, had a net increase of 56.25%.
Evidence of an income inequality gap? I report, you decide.
Not sure how this compares to prior years and if this is an anomaly. Guess that is for another blog posting.