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Freddie Mac expects 2015 to be best year for home sales

Mar 16, 2015
Freddie Mac expects 2015 to be the best year for home sales and new home construction since 2007, when total home sales were about 5.8 million for the year, according to its U.S. Economic and Housing Market Outlook for March. Other highlights include improved job prospects driving those aged 25-34 back into the labor force and expected rising rents pushing more would-be homeowners into the market. 
 
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Empire State home sales stay at elevated level during April

Against the backdrop of fewer homes on the market, homebuyers in New York State closed 8,640 sales during April, falling only 2.6 percent from April 2017. The median sales price growth trend continued, increasing by nearly 12 percent compared to last April to reach $260,000 for the month. Click here to read more.

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