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NAR: Pending home sales move forward in February

Mar 28, 2016
Pending home sales rose solidly in February to their highest level in seven months and remain higher than a year ago, according to the National Association of REALTORS (NAR). 
 
The Pending Home Sales Index, a forward-looking indicator based on contract signings in February, rose 3.5 percent to 109.1, 0.7 percent above February 2015. 
 
Despite rising nationally, the index fell 0.2 percent to 94 in February for the Northeast. This is still 12.6 percent above a year ago. To read the entire NAR 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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