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U.S. Commerce Department: New home sales rise in January for Northeast

Feb 27, 2017
Sales of new single-family homes in the Northeast in January rose 15.8 percent to 44,000, according to the U.S. Commerce Department. December’s revised annual rate was 38,000.

Nationally, new home sales were at a seasonally adjusted annual rate of 555,000, 3.7 percent above the revised December rate of 535,000. This is 25.4 percent above the January 2016 estimate of 526,000.

To read the entire U.S. Commerce Department press release, click here.
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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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