Sales Of New Homes Rise Again, Hit Five-Year High | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Sales Of New Homes Rise Again, Hit Five-Year High

New home sales rose 8.3 percent in June to an annual rate of 497,000, the Census Bureau and Department of Housing and Urban Development reported Wednesday.

At that pace, sales were the strongest since the 504,000 rate of May 2008.

The housing sector has been one of the economy's brighter spots in recent months as it continues to recover from a bubble that burst in 2007 and 2008. Reuters says that housing is "showing no signs of slowing in the face of higher mortgage rates."

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

WAMU 88.5

Art Beat With Lauren Landau, July 28

You can see two solo exhibits featuring work that speaks in metaphor.
NPR

Rust Devastates Guatemala's Prime Coffee Crop And Its Farmers

Central American coffee farmers are facing off against a deadly fungus that has wiped out thousands of acres of crops. Coffee companies like Starbucks are pooling money to support them in the fight.
NPR

When Did Companies Become People? Excavating The Legal Evolution

The Supreme Court has been granting more rights to corporations, including some regarded as those solely for individuals. But Nina Totenberg finds the company-to-person shift has a long history.
NPR

What It's Like To Own Your Very Own Harrier Jump Jet

The Harrier Jump Jet is known for vertical take-offs and landings. It also has an accident-prone track record, but that didn't dissuade one pilot from buying his dream plane.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.