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U.S. Commerce Department: New home sales fall in February for Northeast, rise nationally

Mar 28, 2017
Sales of new single-family homes in the Northeast in February fell 21.4 percent to 33,000, according to the U.S. Commerce Department. January’s revised annual rate was 42,000.

Nationally, new home sales were at a seasonally adjusted annual rate of 592,000, 6.1 percent above the revised January rate of 558,000. This is 12.8 percent above the February 2016 total of 525,000.

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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