Menu

NYSAR News

Latest News

Housing starts plunge in Northeast

May 17, 2017
A pullback in the multifamily sector is taking the blame for a drop in housing starts last month. The U.S. Commerce Department reported that housing starts for single-family and multifamily homes dropped 2.6 percent to a seasonally adjusted annual rate of 1.17 million units in April. 

In the Northeast, housing starts plunged 29.2 percent. 

Click here to learn more. 
Featured Content

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.

NYSAR News