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NAR: Pending homes sales recover in June

Aug 01, 2017
After declining for three straight months, pending home sales reversed course in June as all major regions, except the Midwest, saw an increase in contract activity, according to the National Association of REALTORS’ Pending Home Sales Index. 

In the Northeast, pending home sales inched forward 0.7 percent to 98 in June, and is now 2.9 percent above a year ago.

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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.