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U.S. Commerce Department: New home sales up 40 percent for Northeast in July

Aug 23, 2016
Sales of new single-family homes in the Northeast in July rose 40 percent to 35,000, according to the U.S. Commerce Department. June’s revised annual rate was 25,000.
 
Nationally, new home sales were at a seasonally adjusted annual rate of 654,000, up 12.4 percent from June. This is 31.3 percent above they July 2015 total of 498,000.
 
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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