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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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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.

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