Menu

NYSAR News

Latest News

NAR: Existing home sales spike in March nationally, rise almost 7 percent for Northeast

Apr 22, 2015
Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of REALTORS (NAR).
 
Total existing-home sales, which include single-family townhomes, condominiums and co-ops, increased 6.1 percent to a seasonally adjusted annual rate of 5.19 million in March. March closings were up 6.2 percent. 
 
In the Northeast, March existing-home sales rose 6.9 percent to an annual rate of 620,000, and are 1.6 percent above a year ago.
 
To read the entire NAR press release, click here.
Featured Content

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.

NYSAR News