April sees a surge in listings as inventory edges up across New York

A rise in homes coming onto the market gave New York homebuyers more options in April, helping slightly boost pending sales across the state, according to the housing report released today by the New York State Association of REALTORS®. Housing inventory throughout the Empire State rose 4.7 percent

Existing-Home Sales Report Shows 0.2% Increase in April

Month-Over-Month 0.2% increase in existing-home sales—seasonally adjusted annual rate of 4.02 million in April 5.8% increase in unsold inventory—1.47 million units equal to 4.4 months’ supply Year-Over-Year No change in existing-home sales 0.9% increase in median existing-home sales price to $417,70

Real Estate Market Update: Key Economic Insights and Actionable Takeaways

Federal Reserve and Market Reactions: Key Insight: The Federal Reserve is keeping policy “on hold,” delaying rate cuts until inflation shows more consistent signs of cooling, despite stable labor conditions and strong consumer spending. What This Means for Realtors: Rates may remain elevated in the

New York housing inventory reaches lowest level on record in February

Housing inventory across New York State in February, fell to its lowest level on record, while closed sales also declined compared to a year ago, according to the housing report released today by the New York State Association of REALTORS®. Available homes in New York dropped to just 22,366 homes on