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

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.

NYSAR News