Sales prices drop but inventory shortage remains across New York
June 22, 2023 11:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., June 22, 2023 (GLOBE NEWSWIRE) -- Home prices inched lower across New York State in May while inventory continues to decline in year-over-year comparisons, according to the housing...
Sales continue to fall amid fluctuating interest rates and low inventory
May 18, 2023 12:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., May 18, 2023 (GLOBE NEWSWIRE) -- With interest rates continuing to be in flux and inventory of homes reaching record lows, closed sales across New York continue to fall, according to...
Lack of inventory hampers NY housing market again in March
April 20, 2023 12:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., April 20, 2023 (GLOBE NEWSWIRE) -- For the 41st consecutive month in year-over-year comparisons, housing inventory dropped across the Empire State, helping to slow the New York housing...
Low inventory, mortgage rates contribute to struggling NY housing market
March 21, 2023 12:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., March 21, 2023 (GLOBE NEWSWIRE) -- With a continued lack of inventory and Interest rates starting to rise once again, closed sales dropped to their lowest point in nearly a decade,...
Home sales take a steep drop to begin 2023
February 21, 2023 12:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Homes sales dropped across the Empire State to start 2023 to the lowest point since the beginning of the COVID-19 pandemic, according to the housing...
New York housing market continues to slow down to close 2022
January 20, 2023 12:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Jan. 20, 2023 (GLOBE NEWSWIRE) -- Low inventory and decreasing home sales were indicators of a near perfect storm for a slowing market to close out 2022 across the Empire State,...
Housing affordability continues to slow New York State housing market
December 21, 2022 12:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Dec. 21, 2022 (GLOBE NEWSWIRE) -- Inventory of homes for sale fell for the 37th consecutive month in year-over-year comparisons while mortgage rates continue to be more than double...
Soaring interest rates, low inventory hamper New York State housing market
November 18, 2022 12:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Nov. 18, 2022 (GLOBE NEWSWIRE) -- Interest rates ballooned to the highest monthly average in two decades and housing inventory declined yet again in October, slowing home sales even...
New York State housing market continues to slow as interest rates rise
October 20, 2022 12:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Interest rates increased yet again in September, slowing home sales even further across the Empire State, according to the housing report released...
Prices rise, sales decline across New York State in August
September 21, 2022 12:00 ET
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New York State Association of REALTORS®, Inc.
ALBANY, N.Y., Sept. 21, 2022 (GLOBE NEWSWIRE) -- Home prices across the Empire State rose once again in August while home sales continued to decline, according to the housing report released today...