Rising interest rates have applied the brakes on the local housing market, but a shortage of inventory is keeping prices up even as sales drop precipitously.

Gettysburg-based ACNB Bank celebrated its new, $2 million-plus Upper Adams community banking office with a ribbon-cutting ceremony Oct. 20.

Soaring interest rates have put the brakes on the once-sizzling housing market, as the pace of local home sales continued to slow in September.

As the local housing market slows to a less frenetic pace, home prices in some areas show signs of stabilizing, according to August numbers.

In May, housing price increases in central Pennsylvania kept up their double-digit pace, as many homes still sold for above asking price, even as rising interest rates are causing some buyers to hesitate.

Railroad infrastructure projects in Berks County and Adams and Cumberland counties will receive a total of $16.4 million in grant funding. 

York-based Heritage Valley Federal Credit Union (FCU) announced that it will now serve clients in Adams, Cumberland and Dauphin counties. 

Home prices in central Pennsylvania kept climbing in March as a large majority of listings continued to draw multiple offers. 

The Wolf administration announced Thursday that 3,528 additional acres on 40 farms – including 20 in central Pennsylvania - would be protected from development, an investment of more than $9.7 million in state and county dollars to preserve prime farmland.

Through the first two months of 2022, home sales in York and Adams counties are the same as a year ago, while prices keep climbing. 

Workers employed in remote-friendly occupations are much less likely to struggle with housing affordability than those who aren’t, according to a new report. 

Historically low inventory remains the story in the York-Adams housing market as 2022 unfolds. 

In the midst of a global pandemic, Rock Commercial Real Estate brought in more revenue than ever in 2020. 

The residential real estate market in York and Adams counties is experiencing a busier than normal fall as home sales stay ahead of last year’s pace.

While August home sales in York and Adams counties slowed from the frenetic pace of a year ago, the median sales price rose by double digits.