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Builder confidence rises nationally in April, remains level for Northeast

Apr 16, 2015
Builder confidence in the market for newly-built, single-family homes in April rose four points to a level of 56 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
 
In the Northeast, the index held steady at a level of 42.
 
NAHB Chairman Tom Woods said that as the spring buying season gets underway, home builders are confident that current low interest rates and continued job growth will draw consumers to the market. 
 
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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