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U.S. Commerce Department: New home sales rise in January for Northeast

Feb 27, 2017
Sales of new single-family homes in the Northeast in January rose 15.8 percent to 44,000, according to the U.S. Commerce Department. December’s revised annual rate was 38,000.

Nationally, new home sales were at a seasonally adjusted annual rate of 555,000, 3.7 percent above the revised December rate of 535,000. This is 25.4 percent above the January 2016 estimate of 526,000.

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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