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NAR: Existing-home sales regain momentum in September

Oct 27, 2015
Existing-home sales rebounded strongly in September following August’s decline and have now increased year-over-year for 12 consecutive months, according to the National Association of REALTORS (NAR). 
Total existing-home sales, which include single-family townhomes, condominiums and co-ops, increased 4.7 percent to a seasonally adjusted annual rate of 5.55 million in September. September closings were 8.8 percent above a year ago. 
In the Northeast, September existing-home sales jumped 8.6 percent to an annual rate of 760,000, and are 11.8 percent above a year ago. 
To read the entire NAR press release, click here.
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Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.