New-Home Sales Dip in July as Homebuilders Struggle To Entice Reluctant Buyers

Photo by Justin Sullivan/Getty Images Sales of newly built homes dropped in July, as price cuts and homebuilder incentives failed to lure buyers struggling with affordability. Signed contracts for new single-family homes were at a seasonally adjusted annual rate of 652,000 last month, down 8.2% from

Home prices in New York hit an all-time high as inventory rises in July 2025

The median price of homes for sale across New York hit historic heights in July while inventory continued to improve statewide, according to the housing report released today by the New York State Association of REALTORS®. Median home sales prices hit a record high of $451,000 last month. This is up

New York housing inventory hits 3-year high in June

Inventory levels of homes across New York in June climbed to their highest point in nearly three years, according to the housing report released today by the New York State Association of REALTORS®. Statewide housing inventory reached 30,254 units last month, marking a 3.9% increase from June 2024’s

New York home sales drop, despite inventory growth in May

Albany, NY – June 23, 2025 – Despite housing inventory across New York rising for the third consecutive month, home sales fell over 10 percent in May, according to the housing report released today by the New York State Association of REALTORS®. Closed home sales in the Empire State dropped 10.9 per