NAR: Three Out of Four Metro Areas Posted Home Price Increases in Second Quarter of 2025
Home prices have been rising faster in the Midwest, due to affordability, and the Northeast, due to limited inventory.
Expatsi, an international research and tour group dedicated to helping people find affordable global living destinations, recently compiled a list of 10 countries where one could easily retire on just $2,000 a month.
The legislative priorities of HGAR and NYSAR were focused on assisting first-time homebuyers with rising housing costs, helping alleviate the severe housing shortage in New York State, and addressing escalating insurance costs.
Median sales prices of single-family homes throughout the Bronx and lower Hudson Valley all saw gains, with Sullivan County at an 18.3% hike from last year’s $299,998 to $335,000.
Westchester County consistently leads the market with the highest median sale prices, peaking at $1,031,500 in June 2024 before settling at $860,000 in March 2025.
The policy introduces a new category of exempt listings called “delayed marketing exempt listings.”
“My computer model is indicating that (for) home sales, the worst is over. The worst in inventory is over. I think the recession probability is still slim,” Yun said.
Reviewing February’s closed sales of single-family homes, only Rockland County and The Bronx saw gains of 7.1% and 4.2%, respectively.
OneKey MLS has emerged as the go-to-location for essential data on the New York metro area and is an indispensable resource for real estate professionals and consumers across the region it serves.
Apicella noted that the Trump administration seems intent on eliminating or severely cutting back on federal green energy funding, which he said is critical to many new development projects.
Earlier this year, Pantone, a world-renowned company that provides color standards for design, printing, fashion and other industries, revealed its 2025 Color of the Year as Mocha Mousse, a rich, earthy brown.
The HGAR Global Council will be holding Global Chats in the near future and is also planning its annual Global Summit to be held in November.
Inventory for almost all property types declined in all regions in January, but Rockland County saw a huge co-op inventory gain of 63.6% and 29.9% for condos.
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