Despite record unemployment, July sales of new homes in the US have hit the highest rate in nearly fourteen years.
Sales jumped the most in the Midwest, soaring 58.8% to 127,000 units.
Home sales shrank in the Northeast by 23.1% to 40,000 units.
The price for homes is higher, too.
According to Markets Insider, median sales price gained 7.2% to $330,600 from the year-ago period.
The summer boom was propelled mainly by record low interest rates and a lack of listings for existing homes.