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Survey: Average time to build a home more than seven months

Sep 07, 2017
According to the Census Bureau’s 2016 Survey of Construction, the average time to complete a single-family home is about 7.5 months. That includes nearly a month of permitting before any construction takes place, and then another 6.5 months to finish the actual construction. 

The New England region had the longest time to build, at a 10.5-month average.

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August sales fall just short of 2016 record

August home sales were strong across the Empire State, setting the second-highest total on record for the month at 14,174 units. The statewide median sales price growth trend continued in August, posting a 6.9-percent increase compared to August 2016. Click here to read more.

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