April 9, 2016 – The latest statistics clearly demonstrate a positive trend for Long Island residential real estate. Showcasing the recently released facts, look at today’s front-page headline in Newsday: “Long Island Home Sales Soar.”
Here are some of the highlights from the story:
– Home closings for Nassau in March are up 25%.
– Home closings for Suffolk in March are up almost 8%.
– Contract signings year over year in Nassau are up 29%.
– Contract signings year over year in Suffolk are up 36%.
The March gains represent the second straight month of solid improvement for Long Island. And, according to the Newsday story, analysts predict a busy spring season for home sales!