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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 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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