The latest Commerce Department data shows sales of new construction homes jumped 5.7 percent in August, marking the highest levels since 2008, the Wall Street Journal reports.
The August growth was higher than many economists were expecting. Read more from the Wall Street Journal.
In other headlines:
Realtor survey: Millennials are no longer a renter generation – HousingWire
Seniors Weather Economy With Higher Equity – NAR Daily Real Estate News