Capital Region housing market running strong at midpoint of 2021 | The Daily Gazette
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ALBANY High sales volume, short supply, and rising prices continue to define the Capital Region housing market at the halfway point in 2021.
The Greater Capital Association of Realtors said this week that its members are seeing properties remain on the market for much less time than in previous years.
Absent a mortgage rate hike, the intensity could be sustained through the autumn, GCAR CEO Laura Burns said.
The flip side is that many would-be first-time homebuyers are being outbid on properties, GCAR President Jeffrey Decatur said.
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