The latest housing market data from the New York State Association of Realtors found statewide inventory rose by 5.5% to 30,684 units last month from 29,090 in August 2024. This marks the sixth consecutive month of growing supply across the Empire State. New listings...
New York State set a record for median home sale prices in July, reaching $451,000 – a 4.9% hike from the $430,000 price set one year earlier. According to data from the New York State Association of Realtors, home prices have not experienced a year-over-year decline...
A new report analyzing New York Gov. Kathy Hochul’s 2022 plan to build or preserve 100,000 units of affordable housing over a five-year period has determined the endeavor is falling short of its goal. Hochul allocated $25 billion in state investments to this...
New York State’s housing inventory reached 30,254 units in June, a 3.9% rise from the 29,110 homes that were available one year earlier. According to the New York State Association of Realtors, this marked the fourth consecutive month of inventory growth and the most...
Closed home sales in New York State totaled 7,846 during May, a 10.9% decline from the 8,807 sales recorded in May 2024. According to data from the New York State Association of Realtors, pending sales dropped to 10,279 units last month from 10,421 homes one year...