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NAR: Existing-home sales spring ahead in March

Apr 21, 2016
Existing-homes sales bounced back in March and remained slightly up from a year ago, according to the National Association of REALTORS (NAR). 
Total existing-home sales jumped 5.1 percent to a seasonally adjusted annual rate of 5.33 million in March from a downwardly revised 5.07 million in February. Sales rose in all four major regions and are up modestly (1.5 percent) from March 2015. 
March existing-home sales in the Northeast ascended 11.1 percent to an annual rate of 700,000, and are now 7.7 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.