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Siena Research Institute: New Yorkers see strong overall market, opportunities for buyers and sellers

Jul 17, 2013
According to the results of the second quarter 2013 New York State Consumer Real Estate Sentiment Scores released by the Siena Research Institute (SRI), New Yorkers say the real estate market is once again healthy. 

The overall current Real Estate Sentiment score among New Yorkers in the second quarter 2013 is 13.5, above the point where equal percentages of citizens feel optimistic and pessimistic about the housing market and is up 7.1 points from last quarter. 

Looking forward, the overall future Real Estate Sentiment score is 29.6, up from 26.7 last quarter, indicating that New Yorkers expect the overall real estate market and the value of property to increase over the next year. Consumers see now as an improved time to sell with a score above breakeven at 7.2, and as a very good time to buy with a high positive of 20.1.

“For the first time in nearly four years of Siena’s tracking New Yorkers’ view of the real estate market, every number – current and future, overall, buying and selling – is positive,” said SRI Director Don Levy, Ph.D. 

To read the entire SRI press release, click here.
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