NY housing market extends monthly growth trend with nearly 12-percent gain in July The New York State housing market posted its fifth consecutive monthly sales increase in July, according to preliminary existing single-family sales data accumulated by the New York State Association of REALTORS. The statewide median sales price jumped nearly 10 percent compared to…
Continue Reading »
The Commerce Department reported new home sales jumped 9.6% in July to a seasonally adjusted annual rate of 433,000 from an upwardly revised rate of 395,000 in June. July’s sales pace was the highest since September 2008. Economists had expected a sales pace of 390,000 units. The Conference Board reported that its consumer confidence index…
Continue Reading »