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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