Menu

NYSAR News

Latest News

Builder confidence rises in June

Jun 16, 2014
Builder confidence in the market for newly-built, single-family homes rose four points in June to reach a level of 49 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). It remains one point shy of the threshold for what is considered good building conditions. 

The HMI for the Northeast edged up one point to 34 in June. 

NAHB Chairman Kevin Kelly said after several months of little fluctuation, a four-point uptick in builder sentiment is a welcome sign and shows some renewed confidence in the industry.

To read the entire NAHB 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.

NYSAR News