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U.S. Commerce Department: Northeast housing starts fall more than 50 percent in February

Mar 18, 2015
Privately-owned housing starts in February were at a seasonally adjusted rate of 47,000 for the Northeast, down 56.5 percent from January, according to data released by the U.S. Commerce Department.
 
Nationally, housing starts were at an annual rate of 897,000, a 17-percent decrease from the January total of 1,081,000.
 
Building permits for the Northeast also fell in February, decreasing 17.4 percent, while nationally, building permits rose 3 percent to 1,092,000.
 
To read the entire U.S. Commerce Department press release, click here.
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NYS home sales post second-highest May total

Homebuyer activity remained strong in May, driving the New York State housing market to the second-highest sales total for the month with 10,348 closings. May 2018 closed sales were 8.6 percent lower than the record of 11,322 set in May 2017. The median sales price growth trend continued, increasing by 11.5 percent compared to last May, ending the month at $262,000. Click here to read more.

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