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NAR: Pending home sales move forward in February

Mar 28, 2016
Pending home sales rose solidly in February to their highest level in seven months and remain higher than a year ago, according to the National Association of REALTORS (NAR). 
 
The Pending Home Sales Index, a forward-looking indicator based on contract signings in February, rose 3.5 percent to 109.1, 0.7 percent above February 2015. 
 
Despite rising nationally, the index fell 0.2 percent to 94 in February for the Northeast. This is still 12.6 percent above a year ago. To read the entire NAR press release, click here.
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Home sales near record high in November

There were 10,719 closed home sales across New York State during November, representing the second-highest total on record for the month. The November sales record of 10,991 was set in November 2016. The statewide median sales price grew by 5.8 percent in November compared to last November. Click here to read more.

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