Market
OneKey MLS: Metro NY Housing Market Maintained Steady Growth in October Amid Tight Inventory
Market conditions remain constrained, with overall inventory down 5.6% from the previous year.
NAR Predicts Home Sales Will Jump 14% in 2026; Mortgage Rates to Ease to Roughly 6% Next Year
“Next year is really the year that we will see a measurable increase in sales,” Yun said
NAR: Home Prices Increased in 77% of Metro Areas in Third Quarter of 2025
“Home sales have struggled to gain traction, but prices continue to rise, contributing to record-high housing wealth,” said NAR Chief Economist Lawrence Yun.
Report: Only 28 Out of Every 1,000 U.S. Homes Changed Hands This Year—NY Recorded the Lowest Turnover Among 50 Metros
New York recorded the lowest turnover rate among the top 50 metros, with only around 10 out of every 1,000 homes selling in the first nine months of the year.
First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to All-Time High of 40
The share of first-time buyers in the market has contracted by 50% since 2007—right before the Great Recession. The implications for the housing market are staggering.
Report: ‘The Hudson Valley’s Housing Outlook is Changing, But Not Necessarily for the Better’
As inventory inches up and prices continue to rise, more households are being locked out of homeownership and pushed into rental markets that cannot keep up.
NAR: Existing-U.S. Home Sales Rose 1.5% in September; Northeast Home Sales Rose 2.1%
Inventory is matching a five-year high, though it remains below pre-COVID levels.
OneKey MLS: Regional Housing Prices Hold Firm as Sales Activity Rises in September
The region’s current month’s supply of inventory stands at 3.9 months—below the 4-to-6-month range typically associated with a balanced market.
Realtor.com Report: New York Metro Region Renters Spend Nearly 37% of Their Income on Rent
The latest drop, the second month-over-month decline since March, reflects the market's normal cooling heading into fall.
Realtor.com: Cash Still King—One in Three Homes Bought with Cash in 2025
Cash buyers have long been a fixture in the market, but their influence is more pronounced today than in pre-pandemic years.
U.S. Pending Home Sales Rose Nearly 4% in August While Northeast Pending Deals Fell Slightly
Lower mortgage rates are enabling more homebuyers to go under contract.
Existing-Home Sales Fell 0.2%; New Home Sales Soared Nearly 21% in August
The average 30-year fixed-rate mortgage in August was 6.59%, according to Freddie Mac, down from 6.72% in July and 6.50% one year ago.