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U.S. Commerce Department: Northeast housing starts and building permits fall in January

Feb 19, 2016
Privately-owned housing starts in January fell 3.7 percent for the Northeast to 156,000, according to data released by the U.S. Commerce Department. December’s total was 162,000.
 
Nationally, housing starts were at a seasonally adjusted annual rate of 1,099,000, a 3.8-percent decrease from the revised December total of 1,143,000.
 
Building permits for the Northeast fell 55.4 percent in January to 90,000, down from 202,000 in December. Nationally, building permits fell slightly, dropping 0.2 percent to 1,202,000.
 
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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