Despite unprecedented unemployment amid a global pandemic, US new home sales positively boomed in August.<br /><br />Markets Insider reports new US home sales shot up 4.8% to an annual rate of 1 million units in August.<br />That's the most rapid pace since 2006 and marks four consecutive months of increasing sales.<br />The housing market has been one of the few bright spots in the virus-rattled economy.<br />However, some fear that a dwindling supply of new homes people can buy will soon halt the sector's rally.
