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New index reports housing market is healthiest in years

Apr 02, 2015
According to a recently-released forward-looking housing index by Nationwide, the U.S. housing market is at its healthiest level since 2001. The index’s current leading indicator score for the fourth quarter of 2014 was 109.8, the highest level in the 15 years of data already examined by the study’s authors. A reading of more than 100 suggests the national housing market is healthy and shows few signs of a housing downturn over the next year. 
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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.