Latest News

NAR: Contract signings jump to near decade high

Mar 29, 2017
Pending home sales posted a strong rebound in February, soaring to the highest level in nearly a year and the second highest level in more than a decade, according to the National Association of REALTORS’ Pending Home Sales Index, a forward-looking indicator based on contract signings.

In the Northeast, pending home sales increased 3.4 percent to a reading of 102.1 in February, and are now 6.6 percent higher than a year ago.

Nationwide, pending home sales rose 5.5 percent month-over-month to a 112.3 reading, 2.6 percent higher than 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.