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U.S. Commerce Department: Northeast housing starts rise more than 44 percent in October

Nov 17, 2016
Privately-owned housing starts in October rose 44.8 percent in the Northeast to 139,000, according to data released by the U.S. Commerce Department. September’s total was 96,000.
 
Nationally, housing starts were at a seasonally adjusted annual rate of 1,323,000, a 25.5-percent increase from the revised September total of 1,054,000.
 
Building permits for the Northeast fell 21.1 percent in October, dropping to 105,000 from 133,000 in September. Nationally, building permits rose 0.3 percent to 1,229,000.
 
Click here to read the entire U.S. Commerce Department press release. 
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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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