Menu

NYSAR News

Latest News

NAR: Vacation home sales drop in 2016, investment sales rise

Apr 11, 2017
Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to the National Association of REALTORS’ 2017 Investment and Vacation Home Buyers Survey. The survey additionally found that vacation and investment buyers in 2016 were more likely to take out a mortgage and use their property as a short-term rental.

Click here to learn more. 
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