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Builder confidence treads water in March

Mar 19, 2014
Builder confidence in the market for newly-built, single-family homes rose one point to 47 in March on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

The HMI for the Northeast fell three points to 35 in March.

NAHB Chairman Kevin Kelly said that the March HMI mirrors last month’s sentiment, as builders continued to be affected by poor weather and difficulties in finding lots and labor.

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.

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