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Builder confidence holds firm nationally in April, falls two points for Northeast

Apr 18, 2016
Builder confidence in the market for newly-built single-family homes remained unchanged in April at a level of 58, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
The Northeast fell two points to 44 in April. 
NAHB Chairman Ed Brady said that as we enter the spring home buying season, we should see the market move forward. 
To read the entire NAHB press release, click here.
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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.