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U.S. Commerce Department: New home sales up 40 percent for Northeast in July

Aug 23, 2016
Sales of new single-family homes in the Northeast in July rose 40 percent to 35,000, according to the U.S. Commerce Department. June’s revised annual rate was 25,000.
 
Nationally, new home sales were at a seasonally adjusted annual rate of 654,000, up 12.4 percent from June. This is 31.3 percent above they July 2015 total of 498,000.
 
To read the entire U.S. Commerce Department press release, click here.
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New York first quarter statewide home sales strong 
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With 25,192 closed sales across the Empire state in the first quarter, the housing market posted a strong start to 2018, even as it fell short of 2017’s record. The first quarter 2018 statewide median sales price of $260,000 represented an increase of 7.4 percent from a year ago. Click here to read more.

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