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Builder confidence falls in Northeast and nationally in February

Feb 19, 2014
Builder confidence in the market for newly-built, single-family homes posted a 10-point drop to 46 in February on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). 

The HMI for the Northeast posted a four-point decline to 38 in February. 

NAHB Chairman Kevin Kelly said that significant weather conditions across most of the country led to a decline in buyer traffic. 

To read the entire NAHB press release, click here.
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NYS home sales post second-highest May total

Homebuyer activity remained strong in May, driving the New York State housing market to the second-highest sales total for the month with 10,348 closings. May 2018 closed sales were 8.6 percent lower than the record of 11,322 set in May 2017. The median sales price growth trend continued, increasing by 11.5 percent compared to last May, ending the month at $262,000. Click here to read more.

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