Morning Minute: New home sales surge to five-year high

New home sales in the U.S. rose 8.3 percent in June, climbing to the highest level since May 2008 while prices also rose, according to the latest federal data, Reuters reports today. Read the full story.

In other headlines:

Census Bureau: New home sales inch upward – HousingWire

Rising rates aren’t hurting home sales yet – USA Today

 

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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.