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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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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.