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

This entry was posted in Housing Market, Uncategorized by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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