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

Mar 17, 2017
Privately-owned housing starts in February fell 9.8 percent in the Northeast to 119,000, according to data released by the U.S. Commerce Department. January’s total was 132,000.

Nationally, housing starts were at a seasonally adjusted annual rate of 1,288,000, a 3-percent increase from the revised January total of 1,251,000.

Building permits for the Northeast also fell, dropping 22.3 percent to 115,000, while nationally, building permits fell 6.2 percent to 1,213,000.

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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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