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U.S. Commerce Department: Northeast housing starts rise more than 44 percent in October

Nov 17, 2016
Privately-owned housing starts in October rose 44.8 percent in the Northeast to 139,000, according to data released by the U.S. Commerce Department. September’s total was 96,000.
 
Nationally, housing starts were at a seasonally adjusted annual rate of 1,323,000, a 25.5-percent increase from the revised September total of 1,054,000.
 
Building permits for the Northeast fell 21.1 percent in October, dropping to 105,000 from 133,000 in September. Nationally, building permits rose 0.3 percent to 1,229,000.
 
Click here to read the entire U.S. Commerce Department press release. 
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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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