New York home sales up nearly 8 percent in October

Albany, NY – November 23, 2009 – (RealEstateRama) — Driven by buyers wanting to close before the anticipated first-time homebuyer tax credit deadline, October sales jumped nearly 8 percent from the previous month and nearly 6 percent compared to October 2008, according to preliminary existing single-family sales data accumulated by the New York State Association of REALTORS.