Brooklyn luxury contracts heat up in first week of October
Brooklyn luxury contract signings stayed hot last week even as temperatures cooled. Buyers signed 29 contracts asking $2 million...
Residential Market Report
The Latest
National
Single-family home sales inched upward in August
New home sales ticked up for the second-straight month in August. Nationwide sales of new single-family houses rose a...
Manhattan, Brooklyn break August leasing records, but fall short of spring rebound
Most New York City office workers were supposed to head back to their desks in September, but just the...
Another record month for new leases as Covid discounts dry up
New apartment leases last month set an all-time high for July as tenants continued to take up the slack...
Tri-State
Bidding wars drive Long Island home prices to new highs
As in similar markets, bidding wars drove up second-quarter home prices in Long Island’s suburbs as well as in...
Tri-State
Half of Fairfield County home sales are above asking price
Bidding wars swept through Fairfield County in the second quarter and hit a new peak in Greenwich, its famously...
Tri-State
Suburban, Hudson Valley home sale prices soar in Q2
Competition for homes remains fierce in suburban and Hudson Valley communities, as buyers bid over asking, driving prices ever...
Competition for NYC rentals intensifies as listings dwindle
Lease signings for New York City apartments hit record highs in June, leaving far fewer available than is customary...
Manhattan contracts bloomed to all-time highs in the spring
Everything’s coming up roses in the Manhattan residential market. The borough saw a record-breaking $3.5 billion worth of contracts...
National
Institutional buyers are flooding single-family market
UPDATED, May 24 2021, 12:00 p.m.: Institutional buyers are in spending mode. Investors dropped a record $77 billion on...