Albany region's hot housing market cools a little
Sales of new and existing homes fell 5 percent in September, while purchase contracts ' a sign of future activity ' increased 1 percent in the Albany, New York, area, according to preliminary figures.
The results were in stark contrast to August, when closed sales increased 4 percent and purchase contracts rose 18 percent.
September might wind up being a hiccup in what's otherwise another strong year for the residential housing market.
Closed sales were up 12 percent during the first nine...