April was best month for new condo sales in 5 years
Long-suffering condo developers just had their busiest month in five years. Some 474 new development contracts were signed last...
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
National
Rents rise across country as economy rebounds
Rents are going up, which is bad news for tenants staring down eviction. The median monthly charge on a...
National
Elliman reports $14M quarterly profit, 65% revenue jump
Douglas Elliman’s revenue surged in the first quarter and Howard Lorber believes this is only the beginning. The brokerage’s...
Tri-State
Rudy Giuliani’s ex-wife sells Hampton home for $5M
In 2005, Rudy Giuliani and his ex-wife, Judith Nathan, built their Hamptons dream home on a one-acre site in...
National
More urban areas lost population in 2020
Americans made some major moves in 2020, draining the population of key cities. Urban counties saw the greatest impact of pandemic-year migration, according to an analysis of census data by the New York Times....
Untangling Manhattan’s myriad market reports
The following is a preview of one of the hundreds of data sets that will be available on TRD...
National
Renters prepare for eviction crisis as aid is held up
The U.S. may be past the worst of the pandemic, but it could be in for another major crisis....
Tri-State
Patriots owner Robert Kraft buys Nir Meir’s Hamptons home for $43M
The mystery buyer of former HFZ Capital executive Nir Meir’s Hamptons home has finally been revealed. New England Patriots...
National
Compass hit with another lawsuit from former agents
Compass is once again facing allegations of fraud by former employees. A lawsuit filed by two agents in Northern...
Brooklyn nets $125M in signed luxury contracts
The total of asking prices for luxury contracts in Brooklyn climbed for the fifth week in a row. Forty...