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NAR's chief economist: 'Brexit' could boost U.S. real estate

Jun 27, 2016
NAR Chief Economist Lawrence Yun said Britain's vote to leave the European Union could result in a boost in demand for real estate in the United States. On the commercial side, global corporations could show additional interest in U.S. real restate as they come to see the U.K. as a less certain place to set up or maintain their businesses, Yun said, "especially in London, as it becomes a less attractive place to conduct global business."  

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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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