Homebuyer confidence increases in New York

By HOM Editor
December 2019

Mortgage rates have remained steady this month and are still down more than 1 percent from last year at this time. Residential new construction activity continues to rise nationally. The U.S. Commerce Department reports that new housing permits rose 5% in October to a new 12-year high of 1.46 million units.

For more details, see “New York State Housing Report – September 2019” from the New York State Association of REALTORS®.

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