COVID-19 slows New York State Housing Market
April 21, 2020 15:45 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., April 21, 2020 (GLOBE NEWSWIRE) -- As expected, the COVID-19 pandemic slowed what started as a robust 2020 New York State housing market as closed sales dropped nearly 15-percent,...
Sales increase in February as inventory drops in New York State
March 20, 2020 16:10 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., March 20, 2020 (GLOBE NEWSWIRE) -- Depsite the beginning of COVID-19 around the country, home sales in New York State rose in February in year-over-year comparisons, while inventory...
January home sales spur optimism for 2020 New York State housing market
February 21, 2020 13:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Feb. 21, 2020 (GLOBE NEWSWIRE) -- Closed sales and pending sales were up in January in year-over-year comparisons, fueling optimism for a robust 2020 housing market, according to the...
Economic expansion, low inventory fuel 2019 NYS Housing Market
January 22, 2020 15:30 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Jan. 22, 2020 (GLOBE NEWSWIRE) -- A strong economy sent buyers in search of their dream home in 2019, yet were constrained by low inventory levels all year according to the housing...
Homebuyer confidence increases with surge of new home construction
December 19, 2019 15:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Dec. 19, 2019 (GLOBE NEWSWIRE) -- As U.S. homebuilding increased in November, pending sales and new listings rose year-to-date in New York State compared to this time last year,...
Less inventory of homes amounts to fewer sales in New York State
November 21, 2019 16:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Nov. 21, 2019 (GLOBE NEWSWIRE) -- Against the continual backdrop of fewer homes on the market, homebuyers in New York State closed 12,408 sales during October, falling 4.1-percent from...
New York housing market showing positive signs in September
October 29, 2019 09:33 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Oct. 29, 2019 (GLOBE NEWSWIRE) -- Buoyed by a strong economy and continued low mortgage rates, the New York State housing market showed an upward climb in sales and listings in...
Lack of affordable inventory continues to hamper NYS housing market growth
September 20, 2019 11:22 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Sept. 20, 2019 (GLOBE NEWSWIRE) -- As a result of nearly four years of rising median sales prices, a shortage of affordable homes is affecting total home sales, according to the...
Home prices continue upward climb as sales fail to keep up
August 21, 2019 15:30 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Aug. 21, 2019 (GLOBE NEWSWIRE) -- With the median sales price in New York State rising for 43 consecutive months to nearly $300,000, sales are struggling to keep pace according to the...
Pending sales rise in the Empire State as mortgage rates continue to drop in the second quarter
July 23, 2019 15:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., July 23, 2019 (GLOBE NEWSWIRE) -- With mortgage rates dropping yet again in the second quarter of 2019, pending sales in New York State inched up one percent from 39,663 homes to...