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SRI: Home buying plans down in latest consumer sentiment poll

Oct 05, 2017
According to the latest poll by the Siena Research Institute (SRI), New York State consumer home buying plans were at 5.4 percent, down from 9.2 percent. Overall, New York State consumer confidence stands at 90.5, down 1.6 points from the last measurement in June 2017. New York’s overall consumer confidence is 4.6 points below the nation’s index of 95.1.

Buying plans were also down for consumer electronics and major home improvements. Buying plans were up in September for cars/trucks and furniture.

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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.