Menu

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

NYS housing market sets October sales record

There were 12,178 closed home sales across New York State during October, setting a new record high for the month. The previous October sales record was 11,926 in October 2015. The statewide median sales price grew by 9.1 percent in October compared to October 2016. Click here to read more.

NYSAR News