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NAR: Pending home sales maintain momentum in March

Apr 28, 2016
Pending home sales increased slightly in March for the second consecutive month and reached their highest level in almost a year, according to the National Association of REALTORS (NAR). 
 
The Pending Home Sales Index, a forward-looking indicator based on contract signings in March, climbed 1.4 percent to 110.5, 1.4 percent above March 2015.
 
The index increased 3.2 percent in the Northeast to 97 in March, and is now 18.4 percent above a year ago. To read the entire NAR 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.

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