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

(378 West End, 300 West and 567 Ocean Avenue, Getty)

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...

April was best month for new condo sales in 5 years
As the economy rebounds, rental prices are following suit. With the eviction ban recently overturned, that spells trouble for tenants who are struggling to make ends meet. (iStock)
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...

Rents rise across country as economy rebounds
Howard Lorber (iStock, Getty)
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...

Elliman reports $14M quarterly profit, 65% revenue jump
Judith Nathan, Rudy Giuliani and 353 Lopers Path in Water Mill (Getty, Google Maps)
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...

Rudy Giuliani’s ex-wife sells Hampton home for $5M
Of the 110 metro areas with at least half a million people, 29 saw losses in 2020. (iStock)
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....

More urban areas lost population in 2020
Analyzing Manhattan Housing Market Reports

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...

Untangling Manhattan’s myriad market reports
Lisa and Todd Sheppard with Compass CEO Robert Reffkin (Team Shep, Getty)
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...

Compass hit with another lawsuit from former agents
168 Plymouth Street (Alloy)

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...

Brooklyn nets $125M in signed luxury contracts

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