The Real Deal’s Numbers to Know

TRD New York /
Feb.February 21, 2013 01:30 PM

“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Luxury sales continue to soar, low-income New Yorkers receive a gift from the city and new-home construction sees a spike. See this week’s countdown after the jump.

$76 billion

The shortfall in federal transportation funds projected over the next six years; the taxpayer dollars are used to repair or replace the country’s aging bridges, highways and other infrastructure [Associated General Contractors of America]

$60 million

The cost of a New York initiative that supports housing counselors and legal services to homeworkers at risk of foreclosure statewide [Attorney General Eric Schneiderman’s office]

$296,793

The average sales price of a home in New York state last month, a 4.4 percent increase from January 2012 [New York State Association of Realtors]

950,000

The number of permits issued for new home construction nationwide last month, a 1.8 percent increase from January 2012 [National Association of Home Builders]

6,239

The number of low-income New Yorkers who will receive amended 2009 federal, city and state tax returns because they were eligible for a tax credit but did not apply for it [New York Department of Finance]

114

Properties listed at more than $4 million each that are under contract in Manhattan; the total so far this year is $850 million [Olshan Luxury Report]

74.9

The percentage of homes nationwide sold between October and December to families earning the U.S. median income of $65,000. [National Association of Home Builders]

56

The percentage increase in property tax collections in New York state from 2005 to 2012 [Eastern Consolidated]

48

The number of hours that contractors would be required to notify the Department of Buildings before evaluating a home, under the New York City Council’s proposed legislation to protect homeowners affected by Hurricane Sandy [New York City Council]

1.3

The percentage increase that contractors nationwide paid for construction materials last month compared to January 2012 [Associated General Contracts of America]


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Here are the week’s top luxury sales
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)

For 15 years, David Koch lived at the world’s “richest building”

For 15 years, David Koch lived at the world’s “richest building”
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Here are the week’s top luxury sales
217 West 57th Street with Extell Developement's Gary Barnett and Corcoran's Pamela Liebman (Photos via Extell; Barnett via Anuja Shakya)

Extell brings on Corcoran Sunshine to help market Central Park Tower

Extell brings on Corcoran Sunshine to help market Central Park Tower
1 Prospect Park West and 557 9th Street in Park Slope (StreetEasy; Google Maps)

Park Slope homes lead Brooklyn’s luxury deals this week

Park Slope homes lead Brooklyn’s luxury deals this week
389 Bergen Street and 219 Jefferson Street (Google Maps)

Nearly $30M in Brooklyn luxury contracts signed last week

Nearly $30M in Brooklyn luxury contracts signed last week
76 Schermerhorn Street and 378 5th Street in Brooklyn (Photos via The Symon and StreetEasy)

It’s just one week, but Brooklyn luxury contract signings fell 50%

It’s just one week, but Brooklyn luxury contract signings fell 50%
209 Dean Street and 315 Adelphi Street (Google Maps)

Sprawling Brooklyn townhouses drive week’s priciest deals

Sprawling Brooklyn townhouses drive week’s priciest deals
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...