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SRI: Buying plans for homes up more than 10 percent in March

Apr 05, 2017
Buying plans for homes stood at 10.1 percent in March, up from 8.8 percent since the previous measurement in November 2016, according to Siena Research Institute’s Consumer Sentiment Index. Overall, the index was at 94.1, up 6 points from November. 

Dr. Doug Lonnstrom, professor of statistics and finance at Siena College and SCRI founding director, said home buying plans remain strong, with one in 10 New Yorkers planning to buy a house in the next six months.

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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.

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