Morning Minute: New home sales hit two-year high

Sales of new construction homes were on the rise in September climbing 5.7 percent to a 389,000 annual pace, Bloomberg reports in “Sales of New U.S. Homes Rose in September to Two-Year High.” The statistics, released by the Commerce Department, are the highest since April 2010.

In other news:

Housing prices picked up in AugustThe Hill

Fannie Mae on Housing: The Worst is Behind UsDaily Real Estate News

Agent Secrets: How to Be No. 1Wall Street Journal

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