Menu

NYSAR News

Latest News

NAR: Pending home sales inch up in October

Dec 02, 2016
Pending home sales moved up slightly in October month-over-month, enough to inch sales contracts up to the highest level since July, according to the latest reading from the National Association of REALTORS’ Pending Home Sales Index, a forward-looking indicator based on contract signings. 
 
In the Northeast, pending home sales inched up 0.4 percent to a 96.9 reading in October, and are now 3.9 percent above a year ago. 
 
Nationwide, pending home sales managed a 0.1-percent month-over-month increase to reach 110, 1.8 percent higher than a year ago.
 
To read the entire NAR press release, click here
Featured Content

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.

NYSAR News