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U.S. Commerce Department: Northeast housing starts fall, building permits rise in July

Aug 18, 2017
Privately-owned housing starts in July fell 15.7 percent to 129,000 in the Northeast, according to data released by the U.S. Commerce Department. June’s total was 153,000.

Nationally, housing stars were at a seasonally adjusted annual rate of 1,155,000, a 4.8-percent decrease from the revised June total of 1,213,000.

Building permits for the Northeast rose in July, increasing 19.2 percent to 124,000, while nationally, building permits fell 4.1 percent to 1,223,000.

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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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