Home Sales Go Up in Month of May

Mortgage rates hit a near 14-year high this week, but new data out today show that sales of new U.S. single-family homes unexpectedly rose in May. And for an on-the-ground view of the real estate market, NTD speaks with Jonathan Miller, CEO of prominent property consulting firm, Miller Samuel. The firm provides appraisal services on roughly $5 billion dollars worth of property per year in New York City