The National Association of Realtors (NAR) released 2007 4th quarter home prices. It places the Buffalo Niagara region in the 13th best market in the nation out of 151 regional markets in the report. The Buffalo Niagara region saw a 9.1% increase in single-family home prices from the 4th quarter of 2006. Home sales prices increase rose from $96,000 to $105,400 in the twelve-month period.
Encouraging news to the
It is no wonder that there is increased speculation and interest in Western New York Real Estate. Hopefully these statistics will continue to encourage those that want to invest in the Buffalo Niagara region.
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