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U.S. Commerce Department: New home sales fall in February for Northeast, rise nationally

Mar 28, 2017
Sales of new single-family homes in the Northeast in February fell 21.4 percent to 33,000, according to the U.S. Commerce Department. January’s revised annual rate was 42,000.

Nationally, new home sales were at a seasonally adjusted annual rate of 592,000, 6.1 percent above the revised January rate of 558,000. This is 12.8 percent above the February 2016 total of 525,000.

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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