NYSAR News

Latest News

NAR: Existing home sales spike in March nationally, rise almost 7 percent for Northeast

Apr 22, 2015
Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of REALTORS (NAR).
 
Total existing-home sales, which include single-family townhomes, condominiums and co-ops, increased 6.1 percent to a seasonally adjusted annual rate of 5.19 million in March. March closings were up 6.2 percent. 
 
In the Northeast, March existing-home sales rose 6.9 percent to an annual rate of 620,000, and are 1.6 percent above a year ago.
 
To read the entire NAR press release, click here.
Featured Content

Record November sales drive NY housing market past 2015 total

A record-setting November market pushed the New York State home sales total to 118,730, surpassing the 2015 annual mark of 116,671. Closed home sales set a new record for November reaching 10,547 for the month, an increase of nearly 9 percent from November 2015. Click here to read more.

NYSAR News