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NAR's chief economist: 'Brexit' could boost U.S. real estate

Jun 27, 2016
NAR Chief Economist Lawrence Yun said Britain's vote to leave the European Union could result in a boost in demand for real estate in the United States. On the commercial side, global corporations could show additional interest in U.S. real restate as they come to see the U.K. as a less certain place to set up or maintain their businesses, Yun said, "especially in London, as it becomes a less attractive place to conduct global business."  

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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.