Tag Archives: housing market

Housing market ‘steady Eddie’ in Rochester

The housing market in Rochester remains steady with increased sales of new homes, home building in demand, and low mortgage rates, officials said Thursday. But 2017 has presented some challenges to home building—mainly weather. “We’re status quo,” said Rick Herman, ...

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Housing market should pick up as weather breaks

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The weather is a major factor behind a sluggish first quarter of 2014 in the housing market and the final quarter of 2013, but sales are expected to pick up soon with the year finishing slightly ahead of 2013. “As ...

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US home prices rose by most in nearly 7 years

WASHINGTON — U.S. home prices jumped in January, a sign the housing market is gaining momentum as it nears the spring selling season. Home prices rose 9.7 percent in January from a year ago, according to data released Tuesday by ...

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Realtors expect housing market to keep improving

Increased consumer confidence is showing up in the housing market where sales and the number of new building permits are increasing. Home sales are up for the fifth consecutive quarter, according to Stephen J. Babbitt, president of the Greater Rochester ...

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Fed: Housing lifts growth in most U.S. regions

WASHINGTON, D.C. — Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday. The Fed said growth improved in 10 of ...

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Home prices rise in nearly all major US cities

WASHINGTON — Home prices rose in nearly all major U.S. cities in April from March, further evidence of a housing market that is slowly improving even while the job market slumps. The Standard & Poor’s/Case-Shiller home price index released Tuesday ...

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First quarter home sale numbers up

The housing market’s recovery may have stalled, nationally (according to the National Association of Realtors), but Rochester area Realtors, builders and mortgage bankers reported noticeably stronger housing numbers for the first quarter of 2012 in the Genesee Region. Unusually warm ...

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Growing interest leaves homebuilders less gloomy

WASHINGTON — U.S. homebuilders are growing a little less pessimistic about the depressed housing market after seeing more people say they might be open to buying a home this year. The National Association of Home Builders/Wells Fargo builder sentiment index ...

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New home sales up in November

WASHINGTON, D.C. — Americans bought slightly more new homes in November, but 2011 will likely end up as the worst year for sales in history. The Commerce Department says new-home sales rose 1.6 percent last month to a seasonally adjusted ...

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