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U.S. Commerce Department: Northeast housing starts and building permits fall in January

Feb 19, 2016
Privately-owned housing starts in January fell 3.7 percent for the Northeast to 156,000, according to data released by the U.S. Commerce Department. December’s total was 162,000.
 
Nationally, housing starts were at a seasonally adjusted annual rate of 1,099,000, a 3.8-percent decrease from the revised December total of 1,143,000.
 
Building permits for the Northeast fell 55.4 percent in January to 90,000, down from 202,000 in December. Nationally, building permits fell slightly, dropping 0.2 percent to 1,202,000.
 
To read the entire U.S. Commerce Department press release, click here
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Home sales near record high in November

There were 10,719 closed home sales across New York State during November, representing the second-highest total on record for the month. The November sales record of 10,991 was set in November 2016. The statewide median sales price grew by 5.8 percent in November compared to last November. Click here to read more.

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