Residential Real Estate

Residential Real Estate

Residential real estate is any property that is used for the purpose of habitation.

Residential Real Estate Q&A

What qualifies as residential real estate?
Residential real estate can be defined as any property that individuals or families inhabit. In addition to the traditional detached house, some property types include condos, apartments, townhomes, and multifamily units.
What is the residential real estate industry?
The residential real estate industry encompasses the buying, selling, renting, renovating, financing, management, development, and construction of residences. Brokerages, developers, banks, trusts, architects, and builders all work with landlords and individuals to design spaces for occupancy.
Who buys and sells residential real estate?
Traditionally, individual buyers use residential real estate agents to find and purchase residential properties. Residential real estate may also be held by companies that serve as landlords to individual tenants. Residential brokerages often act as go-betweens for buyers and sellers. The Real Deal releases annual rankings of real estate agents and brokerages in New York. Take a look at our Data Book for the most recent rankings.
Want to know more about residential real estate?
Check out our Top Stories below for TRD's most up-to-date coverage of residential real estate.

The Latest

(Getty)

Where the lawsuits challenging NY’s 2019 rent law stand

Five cases: three dismissals and two decisions pending. It’s been nearly two years since the New York state legislature...

Where the lawsuits challenging NY’s 2019 rent law stand
Robert Millard and 9 East 88th Street (MIT Corp, Google Maps)

Former Lehman exec lists Carnegie Hill mansion for $38M

A former Lehman Brothers executive is calculating a big profit for his Carnegie Hill mansion. Robert Millard listed his...

Former Lehman exec lists Carnegie Hill mansion for $38M
Cape Cod and the Jersey Shore suffered among the sharpest inventory declines. (iStock)
National

Here’s where homes virtually sold out in the pandemic

New data confirm what brokers and home buyers have long felt: The pandemic surge in homebuying decimated inventories most...

Here’s where homes virtually sold out in the pandemic
1384 Meadow Lane
Tri-State

The 20 priciest Hamptons sales this year

UPDATED, May 14, 2021, 6:45 p.m.: Home sellers’ usual strategy is to list in the spring, when buyers are most active. But Hamptons buyers could hardly be more active than they have been since...

The 20 priciest Hamptons sales this year
Airbnb CEO Brian Chesky. (Airbnb, Getty)
National

Airbnb’s losing spree continues with $1B loss in Q1

With travel finally picking up 14 months into a pandemic that has wreaked havoc on the industry, Airbnb may...

Airbnb’s losing spree continues with $1B loss in Q1
Manhattan and Brooklyn saw all-time records in lease signings in April (iStock)

April leases soared across city; so did concessions

Manhattan, Brooklyn and parts of Queens saw record residential lease signings in April, the latest indicator of the market’s...

April leases soared across city; so did concessions
Council member Ben Kallos and Airbnb CEO Brian Chesky (Getty, iStock)

City Council bill would tighten screws on Airbnb

Putting a New York City apartment up for rent could get tougher. City Council member Ben Kallos introduced a...

City Council bill would tighten screws on Airbnb

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