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November new home sales increase 4.3 percent nationally

Dec 28, 2015
National sales of new single-family homes increased by 4.3 percent in November to an adjusted annual rate of 490,000 units, according the latest data released by the U.S. Department of Housing and Urban Development and U.S. Census Bureau. 

While National Association of Home Builders (NAHB) Chair Tom Woods said it was "encouraging to see new home sales" increase, NAHB Chief Economist David Crowe noted that the limited gains were due to weak sales of existing homes.

Sales in the Northeast fell 28.6 percent, according to the report. Click here to read more.
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New York State home sales fall short of record 3Q high

There were 38,445 homes sold across New York State during the 2017 third quarter, a 3.1-percent decline from the 2016 third quarter’s record total. The 2017 third quarter sales total is the second best on record for the period. The median sales price growth trend continued in the third quarter, posting a 5-percent increase to $261,500. Click here to read more.

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