Morning Minute: Sales of new homes in April hit 8-year high

Sales of new construction homes surged higher in April, climbing to the highest level since January 2008, according to Commerce Department data released today. Read “U.S. New-Home Sales Rise at Fastest Pace in Eight Years” by the Wall Street Journal while USA Today looks at what the uptick means for the market in,  “New-home sales exploded in April: What it means for buyers, sellers.”

In other headlines:

Baby Boomers Heading Back to the City – NAR Daily Real Estate News

Money Secrets Revealed: Buy a Home Like a Banker – realtor.com

 

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