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July marked a big month for housing

Aug 08, 2016
According to Jonathan Smoke,’s chief economist, the housing market heated up in July, making this summer one of the best in a decade. Factors favoring buyers this summer include: the highest consumer confidence for a July since 2007; the highest nominal home process for a July on record; and the lowest July mortgage rates on record. 
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New York first quarter statewide home sales strong 
despite slide from record pace

With 25,192 closed sales across the Empire state in the first quarter, the housing market posted a strong start to 2018, even as it fell short of 2017’s record. The first quarter 2018 statewide median sales price of $260,000 represented an increase of 7.4 percent from a year ago. Click here to read more.