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U.S. Commerce Department: New home sales fall in April for Northeast, rise nationally

May 28, 2015
Sales of new single-family homes in the Northeast during April fell 5.6 percent to 17,000, according to the U.S. Commerce Department. March’s revised annual rate was 18,000.
 
Nationally, new home sales were at a seasonally adjusted annual rate of 517,000, up 6.8 percent from March and 26.1 percent above the April 2014 total of 410,000.
 
Click here to read the entire U.S. Commerce Department press release.
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Buyer demand drives median price growth as fewer homes available for sale in New York State

Strong buyer demand, coupled with the ongoing decline in the number of homes for sale, fueled a 7.8 percent increase in the April statewide median sales price. Click here to read more.

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