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New York

Home sales in Nassau and Suffolk counties bounce back in October

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The number of pending home sales in October managed to rebound after a drop in September, Long Island Business News reported. Nassau and Suffolk counties saw 2,806 homes contracted for sale. That’s a 4.4 percent increase from the 2,686 homes contracted for sale during the same month last year. Pending sales in Nassau rose by 6.5 percent to 1,221 from the 1,146 in October 2017. Suffolk only saw a 3 percent rise, going from 1,540 last year, up to 1,585 last month. Pending home sales in both counties fell a little more than 5 percent in September compared to the same period last year. [LIBN]

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