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Builder confidence falls in Northeast and nationally in February

Feb 19, 2014
Builder confidence in the market for newly-built, single-family homes posted a 10-point drop to 46 in February on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). 

The HMI for the Northeast posted a four-point decline to 38 in February. 

NAHB Chairman Kevin Kelly said that significant weather conditions across most of the country led to a decline in buyer traffic. 

To read the entire NAHB press release, click here.
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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.