Western New York Home Prices Were Up in November

New York Real EstateHome prices rose sharply in November in Western New York, as both pending and closed sales increased, and the supply of homes available for buyers shrank.

According to the Buffalo Niagara Association of Realtors, 766 homes changed hands in November, up 5.9 percent from 723 a year ago, and up 14.7 percent from two years ago.

Sales have risen from a year ago in 10 of the last 12 months, and sales for 2012 through November were up 8.6 percent to 8,698.

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Authored By Jonathan Epstein – See the Full Story at Buffalo News

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