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U.S. Commerce Department: Northeast housing starts increase in December

Jan 20, 2017
Privately-owned housing starts in December rose 18.5 percent in the Northeast to 96,000, according to data released by the U.S. Commerce Department. November’s total was 81,000.

Nationally, housing starts were at a seasonally adjusted annual rate of 1,226,000, an 11.3-percent increase from the revised November total of 1,102,000.

Building permits for the Northeast rose 2.7 percent in December to 113,000, while nationally, building permits fell 0.2 percent to 1,210,000. 

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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.

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