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Big expectations for housing in 2016 according to REALTOR.com

Dec 03, 2015
Home sales are poised to reach the highest levels since 2006 next year, according to a 2016 housing forecast issued by REALTOR.com. Gains in new-home construction and existing home sales are both expected to push total home sales to the highest levels in years. Fueling the increase in total sales, REALTOR.com predicts three distinct segments of home buyers to dominate: older millennials (25 to 34 years old); younger Generation Xers (35 to 44 years old); and retirees (65 to 74 years old).
 
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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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