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

250th Issue

The Real Deal celebrates 250 issues

It may be hard for some to imagine now, but there was a time when Columbus Circle was gritty, Williamsburg was more Hasidic than hipster and west of 10th Avenue was a no-man’s-land. Over...

The Real Deal celebrates 250 issues
From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

Publisher Amir Korangy started The Real Deal out of his Brooklyn apartment nearly two decades ago, shortly before he...

TRD’s founders share war stories from over the years
56 Leonard Street (Credit: iStock)

He invested more than $130M into 4 Manhattan condos. Now he’s taking a hit

UPDATED, Jan. 17, 2020, 10:53 a.m.: In the mid-2010s, German investor Ekkehart Hassels-Weiler dropped $131 million on four luxury...

He invested more than $130M into 4 Manhattan condos. Now he’s taking a hit
Due to relatively high income levels and low transportation costs, New York City is the eight most affordable of 20 major cities (Credit: iStock)

NYC is the 8th most affordable big city in America*

UPDATE, Jan. 14, 2020, 2:33 pm: It may sound hard to believe, but New York is the eighth most...

NYC is the 8th most affordable big city in America*
53 West 53rd Street, 885 Park Avenue, 70 West 45th Street (Credit: StreetEasy)

Five priciest homes to hit the market last week all over $22M

UPDATED Tuesday, January 14, 2020, 5:42 p.m.:  The first full work week of the decade was a strong one...

Five priciest homes to hit the market last week all over $22M
118 East 76th Street and Developer Joseph Chetrit (Credit: Google Maps and Getty Images)

Manhattan luxury home market off to worst start in seven years

The first two weeks of January saw just 19 contracts signed for Manhattan homes asking at least $4 million...

Manhattan luxury home market off to worst start in seven years
Mayor Bill de Blasio (Credit: Getty Images)

De Blasio to test brokers, owners for housing discrimination

Brokers and owners in New York City will be tested by “secret shoppers” as part of a new housing...

De Blasio to test brokers, owners for housing discrimination
Buyer sentiment was strong at the close of 2019 (Credit: iStock)

Home buyers start 2020 with drop in mortgage rates

The housing market is launching into 2020 with a flurry of activity as mortgage rates fell last week to...

Home buyers start 2020 with drop in mortgage rates
136 Grand Street, #3WR

Buyer nabs $8.8M condo with mirrored room, stripper pole

It’s a house fit for a party. Complete with a stripper pole, a hydraulic table that rises from the...

Buyer nabs $8.8M condo with mirrored room, stripper pole
15 West 53rd Street (red) and 200 East 95th Street (yellow) (Credit: StreetEasy)

Five priciest homes to hit the market last week include $35M pad at MoMA Tower

UPDATE Tuesday, January 7, 2020, 10:26 a.m.: With a new year comes a new push to sell some pricey...

Five priciest homes to hit the market last week include $35M pad at MoMA Tower
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