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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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NYS home sales reach second highest February total

Winter 2017 home sales remained strong during February with the 7,391 closings representing the second highest total for the month. The February statewide median sales price of $242,000 represents an increase of 4.3 percent from a year ago. Click here to read more.

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