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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.
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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.

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