Morning Minute: U.S. new home sales jump higher in April

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There was good news this week on the new home front — sales of new construction homes climbed 6.8 percent in April compared to March and are 26 percent higher than a year ago, according to data from the U.S. Commerce Department. Articles by Forbes, “New Home Sales Rise 6.8% In April, Jumping 26% Year-Over-Year,” and Bloomberg, “Sales of New U.S. Homes Climbed More Than Forecast in April,” have the details.

In other headlines:

REALTORS’® Confident About the 6-Month Outlook Improved in April 2015 – National Association of REALTORS® (NAR).

Over 80% of New Rentals Are Luxury Projects – NAR Daily Real Estate News

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