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U.S. Commerce Department: Northeast housing starts drop in May while building permits rise

Jun 17, 2015
Privately-owned housing starts in May fell 26.5 percent for the Northeast to 139,000, according to data released by the U.S. Commerce Department. April’s total was 189,000.
 
Nationally, housing starts were at a seasonally adjusted annual rate of 1,036,000, an 11.1-percent drop from the revised April total of 1,165,000. 
 
Building permits for the Northeast rose in May, increasing an impressive 77.7 percent to 311,000. Nationally, building permits rose 11.8 percent to 1,275,000.
 
To read the entire U.S. Commerce Department press release, click here
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New York home sales reach second-highest October total

Home sales in the Empire State dipped slightly from one year ago, but still hit the second highest total on record for October. The 11,201 closed sales in October 2016 represents the second highest total for the month after the 12,003 sold in October 2015. Click here to read more.

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