Menu

NYSAR News

Latest News

NAR: Pending home sales inch forward in July

Aug 28, 2015
Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of REALTORS (NAR).
 
The Pending Home Sales Index, a forward-looking indicator based on contract signings in July, increased 0.5 percent to 110.9 and is now 7.4-percent above July 2014. The index has increased year-over-year for 11 consecutive months and has the third highest reading of 2015, behind April and May.
 
The index in the Northeast increased 4 percent to 98.8 in July, and is now 12.1 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