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Freddie Mac expects 2015 to be best year for home sales

Mar 16, 2015
Freddie Mac expects 2015 to be the best year for home sales and new home construction since 2007, when total home sales were about 5.8 million for the year, according to its U.S. Economic and Housing Market Outlook for March. Other highlights include improved job prospects driving those aged 25-34 back into the labor force and expected rising rents pushing more would-be homeowners into the market. 
 
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New York State home sales fall short of record 3Q high

There were 38,445 homes sold across New York State during the 2017 third quarter, a 3.1-percent decline from the 2016 third quarter’s record total. The 2017 third quarter sales total is the second best on record for the period. The median sales price growth trend continued in the third quarter, posting a 5-percent increase to $261,500. Click here to read more.

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