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SRI: Buying plans for homes up more than 10 percent in March

Apr 05, 2017
Buying plans for homes stood at 10.1 percent in March, up from 8.8 percent since the previous measurement in November 2016, according to Siena Research Institute’s Consumer Sentiment Index. Overall, the index was at 94.1, up 6 points from November. 

Dr. Doug Lonnstrom, professor of statistics and finance at Siena College and SCRI founding director, said home buying plans remain strong, with one in 10 New Yorkers planning to buy a house in the next six months.

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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.

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