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Builder confidence rises one point for Northeast, falls slightly nationally

Dec 16, 2014
Builder confidence in the market for newly-built, single-family homes in December fell one point to a level of 57 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Builder confidence for the Northeast rose one point to 45. 

NAHB Chief Economist David Crowe said that as we head into 2015, the housing market should continue to recover at a steady, gradual pace. 

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