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Housing rebound is facing obstacle: Too few homes

There is a new obstacle that's keeping the national housing recovery in check: There aren't enough homes for sale.

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Long Island homes sales up 17 percent in April

Pending home sales in April – 2,408 in Nassau and Suffolk counties – were up 17 percent from a year ago, when there were 2,057 home contracted for sale,

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US home sales tick up to highest in 3 ½ years

The National Association of Realtors said Wednesday that sales rose to a seasonally adjusted annual rate of 4.97 million, up from 4.94 million in March.

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Long Island home sales up 14 percent in July

The inventory of homes currently listed for sale on Long Island – 17,640 – remains down 15.4 percent from last year, when there were 20,850 homes listed.

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Long Island home sales up 13 percent in August

There were 2,332 homes contracted for sale in Nassau and Suffolk last month, 13 percent more than the 2,064 pending home sales recorded in August a year ago.

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Long Island home sales soar in November

There are currently 15,411 homes listed for sale in Nassau and Suffolk, about 11.8 percent fewer than the 17,481 that were listed in November 2012.

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LI home prices stagnant in April

Despite a 7.7 percent increase in sales, Long Island home prices remained flat last month.

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Pending LI home sales surge

There were 2,662 homes contracted for sale on Long Island last month, a 9.5 percent bump from the 2,431 pending home sales recorded in May 2014.

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LI home sales up 10.4% in October

There were 2,424 homes contracted for sale on Long Island last month, up from 2,195 in October 2014.

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Inventory of US home listings continues two-year slide

Streak of shrinking inventory is the longest in 20 years.

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