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SRI: Home buying plans down in latest consumer sentiment poll

Oct 05, 2017
According to the latest poll by the Siena Research Institute (SRI), New York State consumer home buying plans were at 5.4 percent, down from 9.2 percent. Overall, New York State consumer confidence stands at 90.5, down 1.6 points from the last measurement in June 2017. New York’s overall consumer confidence is 4.6 points below the nation’s index of 95.1.

Buying plans were also down for consumer electronics and major home improvements. Buying plans were up in September for cars/trucks and furniture.

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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.