With Us
Our Offices
Bridgehampton Office 631.537.3200
East Hampton Office 631.324.8080
East Hampton Annex 631.324.8080
Greenport Office 631.477.5990
Mattituck Office 631.298.0600
Montauk Office 631.668.0500
Southampton Office 631.283.5800
Westhampton Office 631.288.3030
Get In Touch

Main Content

Strong Home Sales Report

By Judi Desiderio, Thursday, January 02, 2014
Share This:

The newly released Standard & Poor’s Case-Shiller 20-city Home Price Index Report indicated a 13.6% year over year gain—the fastest since February 2006.

Keep in mind the Case-Shiller index covers approximately half the US homes and is not seasonally adjusted.
This latest report for October home sales demonstrated a 0.2% increase month to month from September to October, significantly lower than the 0.7% increase August to September
Which further confirms the leveling off of home price increases.
The big story remaining the year to year leap of 13.6%!
2014 has been predicted by all indications to result in 5-10% increases in home sales prices nationwide, depending on the source.

Here on the east end it’s as though you could feel Main Street prepare for a special year.
Are you in?