Menu

NYSAR News

Latest News

NAR: Pending home sales fall in August, but remain at healthy level

Sep 28, 2015
Pending home sales retreated in August but remained at a healthy level of activity and have now risen year-over-year for 12 consecutive months, according to the National Association of REALTORS (NAR).
 
The Pending Home Sales Index, a forward-looking indicator based on contract signings in August, fell 1.4 percent to 109.4, but is still 6.1 percent above the same time last year.
 
The index in the Northeast fell 5.6 percent to 93.3 in August, but is still 8.9 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