NAR: Northeast Pending Home Sales Fell 11% in December

Comptroller Levine emphasized that the Adams Administration’s FY26 spending levels, which exceed revenue, and failure to properly budget for known, re-occurring expenses, have led to unusually high budget deficit projections for FY26 and FY27.

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“Our data shows the market is adjusting rather than declining,” said Richard Haggerty, CEO of OneKey MLS.