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

Slow start to New York housing market in 2026

New York’s housing market saw a slower start to 2026 with sales activity declining in January even as home prices continued their upward trend, according to the housing report released today by the New York State Association of REALTORS®. Closed sales decreased 7.5 percent year-over-year, slipping f

Prices up, Sales down across New York heading into winter

Home sales across New York State slowed in November, as closed sales declined and new listings and pending sales dipped slightly, while home prices continued to post strong gains, according to the housing report released today by the New York State Association of REALTORS®. Closed sales fell 9.1 per

New York expands real property tax exemptions for seniors

  A new law lets localities raise senior property tax exemptions from 50% to 65%, offering potential annual savings for eligible older homeowners. New York Governor Kathy Hochul has signed legislation expanding real property tax exemptions for senior citizens in New York.    The measure, S5175A/A369