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

(Credit: iStock)

Strong quarter for Manhattan home sales belies current struggle

The first quarter of 2020 was a strong one for residential sales despite the coronavirus pandemic’s drag on fresh...

Strong quarter for Manhattan home sales belies current struggle
Manhattan resi listings continue nosedive: report

Manhattan resi listings continue nosedive: report

The first full week of New York’s stay-home policy saw a massive drop in new residential listings in Manhattan....

Manhattan resi listings continue nosedive: report
252 East 57th Street and 196 Orchard Street with Samantha Sheeber and Tal Alexander

Closing in the time of Covid-19: “We’re pulling out all the stops”

Closing in the time of coronavirus is onerous but not impossible. Developers are agreeing to a variety of contingencies,...

Closing in the time of Covid-19: “We’re pulling out all the stops”
Kuwait’s consul general in New York, Hamad Al-Hazeem and 50 United Nations Plaza (Credit: Google Maps)

Kuwait’s consul general buys 50 UN Plaza pad for $16M

UPDATED April 1, 2020: Kuwait is joining the club of nations whose New York-based diplomats enjoy a short commute...

Kuwait’s consul general buys 50 UN Plaza pad for $16M
Web searches for terms including “homes for sale” are way down up north. (Credit: Pixabay)

Fewer Canadians are searching for homes online amid pandemic

Canadians are not only done with open houses, it seems many aren’t even looking for new homes anymore. There...

Fewer Canadians are searching for homes online amid pandemic
Massive stimulus package has limited upside for real estate

Massive stimulus package has limited upside for real estate

U.S. markets started Wednesday with a burst of optimism, as a $2 trillion stimulus deal had been reached between...

Massive stimulus package has limited upside for real estate
About 450 sellers pulled their listings last week (Credit: iStock)

As New York shut down, so did its resi market

UPDATED, March 31, 2020, 2:22 p.m: Nearly 450 homes were pulled off the market, new listings plummeted and contract...

As New York shut down, so did its resi market
Is REBNY and StreetEasy’s decision a much-needed reprieve or data manipulation? (Credit: Pixabay)

Decision by StreetEasy, REBNY to stop market clock triggers debate

For years, the “days on market” clock has been part of the yin and yang of New York real...

Decision by StreetEasy, REBNY to stop market clock triggers debate
The Atelier at 635 W. 42nd Street and 70 Charles Street (Credit: Google Maps)

One of NYC’s priciest listings to appear on the market last week is already in contract

UPDATE Monday, March 23, 2020, 6:58 p.m.: As the coronavirus pandemic worsens, there’s still a handful of properties new...

One of NYC’s priciest listings to appear on the market last week is already in contract
Jacqueline Friedman Brogadir and 993 Fifth Avenue, 10th Floor (Credit: Brown Harris Stevens, Patrick McMullan/Patrick McMullan via Getty Images)

Daughter of Goldman exec nabs Fifth Avenue co-op for $25M

The daughter of Goldman Sachs’ head of merchant banking paid $25.3 million for a full-floor Fifth Avenue co-op. Jacqueline...

Daughter of Goldman exec nabs Fifth Avenue co-op for $25M
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