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

Oct 18, 2017
Privately-owned housing starts fell 9.2 percent to 99,000 in the Northeast in September, according to data released by the U.S. Commerce Department. August’s total was 109,000.

Nationally, housing starts were at a seasonally adjusted annual rate of 1,127,000, a 4.7-percent decrease from the revised August total of 1,183,000.

Building permits for the Northeast rose in September, increasing 9.2 percent to 119,000, while nationally, building permits fell 4.5 percent to 1,215,000.

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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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