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Here are the six most unexpected housing market trends for 2025, according to top real estate agents. Check Out: 5 Types of Homes That Will Plummet in Value in 2024
A New York Times analysis of more than 100,000 real estate transactions reveals that cash is increasingly the preferred payment method for homebuyers in New York City. In April, 64% of home sales ...
A recent report by real estate firm Colliers shows that nearly 2,000,000 square feet of office space in Manhattan was leased in May 2024. The pickup in activity is a 70% increase over last year ...
Real estate is a major force in the city's economy, as the total value of all New York City property was assessed at US$1.072 trillion for the 2017 fiscal year, an increase of 10.6% from the previous year with 89% of the increase coming from market effects. [54]
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
In 2024, the landlord-advocacy organization CHIP estimated that 26,000 such units "is the minimum number of rent regulated units off the market" for this reason. [8] A 2023 survey by New York City government estimated a total of "230,200 units that were vacant but not available" [ 9 ] within the five boroughs of the city.
The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 20 days ago Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025
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