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Builder confidence continues on upward trend

May 17, 2017
In a further sign that the housing market continues to strengthen, builder confidence in the market for newly-built single-family homes rose two points in May to a level of 70 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the second highest HMI reading since the downturn.

The Northeast saw a three-point gain to 49. 

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New York State home sales fall short of record 3Q high

There were 38,445 homes sold across New York State during the 2017 third quarter, a 3.1-percent decline from the 2016 third quarter’s record total. The 2017 third quarter sales total is the second best on record for the period. The median sales price growth trend continued in the third quarter, posting a 5-percent increase to $261,500. Click here to read more.

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