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NAR: Vacation home sales retreat, investment sales leap in 2015

Apr 06, 2016
Vacation home sales cooled off in 2015, but remained at the second highest amount in nearly a decade, according to the National Association of REALTORS’ 2016 Investment and Vacation Home Buyers Survey. Investment purchases increased for the first time in five years. Mirroring the strong price growth seen throughout the U.S., the median sales price of both vacation and investment homes surged last year.
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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.