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