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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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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.