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U.S. Commerce Department: Northeast housing starts rise more than 80 percent in June

Jul 19, 2017
Privately-owned housing starts in June rose an impressive 83.7 percent in the Northeast to 158,000, according to data released by the U.S. Commerce Department. May’s total was 86,000.

Nationally, housing starts were at a seasonally adjusted annual rate of 1,215,000, an 8.3-percent increase from the revised May total of 1,122,000.

Building permits for the Northeast fell in June, dropping 13.9 percent to 105,000, while nationally, building permits rose 7.4 percent to 1,254,000.

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New York statewide home sales remain strong in February

The New York State housing market continued to post solid numbers in February, reaching 7,328 closed sales despite a 6.2-percent decline from February 2017. The February statewide median sales price of $260,000 represented an increase of 8.8 percent from a year ago. Click here to read more.