The week in real estate market reports

A weekly feature bringing you the industry’s latest intel

TRD NEW YORK /
Feb.February 17, 2016 03:20 PM

In the world of real estate market reports, Manhattan investment sales volume hit $50.2 billon in 2015 and the average sales price for condominiums and co-ops dipped slightly in January.

Residential

February 2016 Manhattan residential sales: CityRealty

The average sales price for condo and co-ops fell to $2.1 million in the final month of 2015 as the number of sales rose to 1,020 units. Read the full report here.

February 2016 national rents: Zumper

Average rent for one-bedroom New York City apartments remains up 7.3 percent over last year, but dropped to $3,220 in January from the prior month. Read the full report here.

Manhattan luxury sales February 8-12: Olshan Realty

Manhattan luxury sales picked up during the first week of February, with 21 contracts signed for apartments priced $4 million and above. Read the full report here.

Commercial

2015 Manhattan property investment sales: Ariel Property Advisors

Manhattan investment property sales reached $50.2 billion in 2015, a 56 percent jump from the previous year. Sales in Midtown East accounted for more than half of the city’s total dollar volume. Read the full report here.

Market volatility and the effect on U.S. commercial real estate: Savills Studley

The U.S. commercial real estate market could for a boost from recent tax legislation and a strengthening dollar is bringing in more international investors. Read the full report here.

To view more market reports, check out the new TRData page.


Related Articles

arrow_forward_ios
Judge Janet DiFiore and Judge Rowan Wilson (Credit: iStock, New York State Courts)

High court decision has tenants stewing, landlords oohing

Sharif El-Gamal (Photo by Desiree Navarro/WireImage)

WATCH: Developer Sharif El-Gamal has Covid-19. But he’s one of the lucky ones

Knotel CEO Amol Sarva 

Another huge round of layoffs for Knotel

Miki Naftali, Steven Witkoff and Ryan Freedman

TRD Talks: How developers are contending with coronavirus

Governor Andrew Cuomo (Photo by Spencer Platt/Getty Images; iStock)

Cuomo’s foreclosure, mortgage moratorium has no teeth

From left: Realogy's Ryan Schneider, Cushman & Wakefield's Brett White and Newmark Knight Frank's Barry Gosin (Credit: iStock)

Brokerage stocks plunge amid market turmoil

Mayor Bill de Blasio halted ULURP, stalling projects like 960 Franklin Avenue, Rikers Island and Industry City 

These projects could be held up by New York’s rezoning freeze

Eric Garcetti orders a moratorium on LA commercial evictions (Photo credit: iStock photo)

LA mayor orders a moratorium on commercial evictions

arrow_forward_ios
Loading...