Latest News

Builder confidence holds steady in April

Apr 15, 2014
Builder confidence in the market for newly-build, single-family homes rose one point to 47 in April from a downwardly revised March reading of 46 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). 

The HMI for the Northeast dropped two points to 33 in April. 

NAHB Chairman Kevin Kelly said builder confidence has been in a holding pattern the past three months but that builders are expecting sales prospects to improve in the months ahead.

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

Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.