The Real Deal New York

Greenwich home rentals rising even as sales market remains healthy

March 15, 2018 12:52PM

The market for rental homes in Greenwich has traditionally grown only when the overall housing market has suffered, but lately there has been an appetite for single-family rentals even as the sales market is healthy, local realtors told the Greenwich Time. Uncertainty about property values is turning some would-be buyers into renters, they said. Others credit downsizing empty-nesters and young New York City families trying out the suburbs as growing segments of the rental market. [Greenwich Time]