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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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Buyer demand drives median price growth as fewer homes available for sale in New York State

Strong buyer demand, coupled with the ongoing decline in the number of homes for sale, fueled a 7.8 percent increase in the April statewide median sales price. Click here to read more.

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