08/03/23: 15-year high for new home sales

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about weekly housing market news, including how Chicago-area new home sales had their biggest spring this year since 2008. Plus: Fed’s Goolsbee wants to see more inflation-easing data before September rate decision, Caterpillar says China demand slowdown even worse than thought, Tesla’s NDA breach claim against Rivian employees heads to trial and a hiring surge lifts United past its pre-pandemic peak headcount.