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New home sales fall for Northeast and nationally in August

Sep 28, 2017
Sales of newly-built, single-family homes in August fell 2.6 percent to a seasonally adjusted annual rate of 38,000 in the Northeast, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Nationally, sales fell 3.4 percent to a rate of 560,000. 

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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.