In Cumberland County, sales were up 7.98 percent to 1,164 and the median price rose as well by 5.45 percent to $279,450.
At November's sales pace, it would take a record low 3.4 months to exhaust the current inventory, down from 3.9 months in October.
The NAR said sales in the South, which accounts for nearly half of the existing homes sales market, increased 8.3 percent last month.
Lawrence Yun, NAR's chief economist, said market conditions were holding back first-time homebuyers, and the bulk of sales activity came from buyers moving into larger houses who are able to make sizable cash down payments. "Favorable mortgage rates and a strong economy have combined to help buyers weather the price growth driven in part by the continued decline in homes listed for sale."With one month left in the year, it is clear 2017 will go in the books as a strong year for housing in New York State".
"The anticipated rise in mortgage rates next year could further cut into affordability if these staggeringly low supply levels persist", Yun said. Sales remain on track to finish slightly ahead of the 2016 record and we project the median sales price to show growth of 5.5 to six percent."The November 2017 sales total of 10,719 represents a decrease of 2.5 percent from the November 2016 record total of 10,991". This marks the 69th straight month of year-over-year gains.
Fight over Justin Bieber puts Selena Gomez's mum in hospital The celebrity gossip site reports that Teefy had an unpleasant talk with Gomez about her rekindled relationship with Bieber. Teefey went on, "Then, I came home to [her husband] Brian and [youngest daughter] Gracie to send our love to Scarlett ".
On tax reform, NAR President Elizabeth Mendenhall said following congressional clearance of the tax overhaul package that there is good news for homeowners can because they can count on the mortgage interest deduction and the state and local tax deduction.
The hottest metro areas in November were San Jose-Sunnyvale-Santa Clara, Calif.; Vallejo-Fairfield, Calif.; San Francisco-Oakland-Hayward, Calif.; San Diego-Carlsbad, Calif.; and Stockton-Lodi, Calif. Sales were up 5.6 percent, rising to 5.81 million.
"It is highly likely that existing sales would have been much stronger in 2017 if supply had been more abundant", said David Berson, Nationwide chief economist.
We are one vote closer to expanding Medicaid and extending access to affordable health care to almost 400,000 people. Two more recounts are set Wednesday and Thursday for districts in and around Richmond and in the Fredericksburg area.
Akron recovered to reach the Mid-American Conference championship game for the first time since 2005, then lost to Toledo 45-28. The Owls were a flawless 8-0 in Conference USA play and trounced North Texas 41-17 in the conference title game on December 2.
It came amid mounting concern among USA officials that the software could enable Russian espionage and threaten national security. In a statement , the company complained that the move by DHS was unconstitutional and denied it due process.
There are three five-stars total, which is a program record, and players at every position but defensive end and punter. Nebraska , Oklahoma, Alabama and Georgia were just a handful of suitors after Parsons' services on the recruiting trail.
"Every $1 billion in capital invested in the telecom industry creates about 7,000 jobs for American workers, research shows". An hour later, Fifth Third Bank announced that almost 3,000 workers will see their pay rise to $15 an hour.
She has competed full time in the NASCAR Cup Series the last five years following a transition from IndyCar . He said after the press conference that he supported Patrick's decision to step away from racing.
It's accessible by auto and by regional rail, and would bring the Islanders closer to their historical Nassau County fan base. A 200-to-250-room hotel and 435,000-square feet of retail space are also in the Islanders' plans.
It's always, 'Maybe someday, but not now.' There is certainly an open invitation, but we don't have anything happening right now. Jim Krasinski, Jenna Fischer , Rainn Wilson , and Mindy Kaling were among the show's stars.
The total voter turnout this time has seen a dip of 2.91%, as compared to the 2012 polls when 71.32% polling was registered. Since BJP was ruling the nation, adequate funds would flow to the state for the development and other related fields.
Facebook had seen a big increase in the number of requests to stop people seeing content that broke local laws, said Mr Sonderby. Facebook stated the US government made more requests that demanded confidentiality than ever before on December 18.
On Sunday, Sports Illustrated released a report highlighting allegations of workplace misconduct against Richardson. Kaepernick retweeted Combs' post from Sunday about his desire to purchase the team and added his own interest.
Florida state senator resigns amid sexual misconduct claims
Rick Scott is calling for Sen. "Resigning is the best thing he can do now for his constituents, colleagues and the state", Gov. Swanson investigated a formal complaint by Rachel Perrin Rogers , an aide to Senate Majority Leader Wilton Simpson.
CCTV footage shows terrorists entering Quetta's church premises
Meanwhile, SSP Operations said that two attackers were killed in the exchange of fire between the terrorists and security forces. The Islamic State group has claimed responsibility for the attack and for several other attacks in Baluchistan in recent years.
Boy, 5, Calls 911 On The Grinch
TyLon, who wants to be a cop when he grows up, was able to help the officers find the "suspect", who officers took into custody. He then told the boy that when he is 21, to return to the police station and fill out a job application.
Pop Star Jonghyun Of SHINee Dies At 27
The singer, who performed under the name Jonghyun, was found unconscious in a rented Seoul apartment on Monday evening. Police were called to the residence after his sister told officials he had sent her a group of worrying text messages.
QC Salvation Army is behind in Red Kettle campaign
Typical requests are clothing for youths and small toys. "These are families that are in need", he said. "It went well", he said. The Wheeling Salvation Army crossed Ohio County off their list for the Angel Tree, presenting the families with their gifts.
Gas prices continue to decline in Chattanooga
So far this year, the highest average price in Florida was $2.73 on September 9 and the lowest was $2.13 on July 17. Statewide, prices at the pump averaged $2.38 on Sunday, down 3 cents over the week and the lowest since August 30.
Amtrak Train Derails on Highway Bridge in Washington State
Local officials had warned only weeks ago that the track still might not be safe enough to handle trains at higher speeds. The previous coastal route often encountered single-track tunnels that freight trains also shared, slowing down service.