New York agrees to delay All-Electric Buildings Act in court filing

New York has agreed to delay implementation of the All-Electric Buildings Act, which was scheduled to go into effect in January and would prohibit natural gas and heating oil equipment in many new construction projects, including residences. Attorneys for the state agreed in a stipulation filed in t

New Listings and Pending Sales Climb as Fall Market Gains Momentum

Key indicators such as new listings and pending sales increased in September while housing inventory across New York escalated for the seventh consecutive month, according to the housing report released today by the New York State Association of REALTORS®. New listings of homes jumped 5.5 percent in

Inventory continues to climb in New York as mortgage rates fall

Housing inventory in New York continued its upward climb in August as mortgage rates showed signs of easing, according to the housing report released today by the New York State Association of REALTORS®. Statewide inventory increased 5.5 percent in year-over-year comparisons, rising from 29,090 home

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