Latest News

NAR: Pending home sales rise in Northeast, fall nationally

Oct 03, 2013
Pending home sales slowed in August, with tight inventory conditions, higher interest rates, rising home prices and continuing restrictive mortgage credit impacting the market, according to the National Association of REALTORS (NAR).

The Pending Home Sales Index, a forward-looking indicator based on contract signings in August, eased 1.6 percent to 107.7.  In the Northeast, the index rose 4 percent to 84.8 in August and is 5.1 percent above a year ago.

To read the entire NAR press release, click here.
Featured Content

Home sales near record high in November

There were 10,719 closed home sales across New York State during November, representing the second-highest total on record for the month. The November sales record of 10,991 was set in November 2016. The statewide median sales price grew by 5.8 percent in November compared to last November. Click here to read more.