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Builder confidence rises nationally in April, remains level for Northeast

Apr 16, 2015
Builder confidence in the market for newly-built, single-family homes in April rose four points to a level of 56 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
 
In the Northeast, the index held steady at a level of 42.
 
NAHB Chairman Tom Woods said that as the spring buying season gets underway, home builders are confident that current low interest rates and continued job growth will draw consumers to the market. 
 
To read the entire NAHB press release, click here.
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August sales fall just short of 2016 record

August home sales were strong across the Empire State, setting the second-highest total on record for the month at 14,174 units. The statewide median sales price growth trend continued in August, posting a 6.9-percent increase compared to August 2016. Click here to read more.

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