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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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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.