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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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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.

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