Menu

NYSAR News

Latest News

U.S. Commerce Department: Northeast housing starts drop in May while building permits rise

Jun 17, 2015
Privately-owned housing starts in May fell 26.5 percent for the Northeast to 139,000, according to data released by the U.S. Commerce Department. April’s total was 189,000.
 
Nationally, housing starts were at a seasonally adjusted annual rate of 1,036,000, an 11.1-percent drop from the revised April total of 1,165,000. 
 
Building permits for the Northeast rose in May, increasing an impressive 77.7 percent to 311,000. Nationally, building permits rose 11.8 percent to 1,275,000.
 
To read the entire U.S. Commerce Department press release, click here
Featured Content

Empire State home sales stay at elevated level during April

Against the backdrop of fewer homes on the market, homebuyers in New York State closed 8,640 sales during April, falling only 2.6 percent from April 2017. The median sales price growth trend continued, increasing by nearly 12 percent compared to last April to reach $260,000 for the month. Click here to read more.

NYSAR News