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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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Record November sales drive NY housing market past 2015 total

A record-setting November market pushed the New York State home sales total to 118,730, surpassing the 2015 annual mark of 116,671. Closed home sales set a new record for November reaching 10,547 for the month, an increase of nearly 9 percent from November 2015. Click here to read more.

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