Latest News

NAR: Pending home sales tick up in July

Aug 31, 2016
Pending home sales expanded in most of the country in July and reached their second highest reading in over a decade, according to the National Association of REALTORS (NAR). 
The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 1.3 percent to 111.3 in July from a downwardly revised 109.9 in June. It is now 1.4 percent higher than July 2015. The index is now at its second highest reading this year after April. 
In the Northeast, the index moved up 0.8 percent to 96.8 in July and is now 1.1 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.