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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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New York statewide home sales remain strong in February

The New York State housing market continued to post solid numbers in February, reaching 7,328 closed sales despite a 6.2-percent decline from February 2017. The February statewide median sales price of $260,000 represented an increase of 8.8 percent from a year ago. Click here to read more.

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