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News  ›  GlobeNewswire Inc.

Closed Sales Climb as New York’s Housing Inventory Continues Its Upward Trend

GlobeNewswire Inc. Logo GlobeNewswire Inc. By New York State Association Of Realtors®
Closed Sales Climb as New York’s Housing Inventory Continues Its Upward Trend

New York's housing market demonstrated growth in October 2025, with closed sales rising 3.2%, pending sales increasing 2.9%, and housing inventory expanding for the eighth consecutive month. Median sales prices increased 5.1% year-over-year to $431,000, while mortgage rates slightly decreased.

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Mentioned in context of mortgage rates, which showed a slight decline from 6.43% to 6.25%, indicating stable market conditions