Market
NAR: Northeast Existing-Home Sales Flat in October
Year-over-year sales rose in the Northeast, Midwest and South, and decreased in the West.
Market
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Market
Report: NYC Rents Have Skyrocketed: Bronx Rent Up 61% Since 2019
This deepening crisis means that without interventions aimed at significantly ramping up affordable housing supply, the city's affordability gap could linger for generations.
Market
Mortgage Applications Fall to Lowest Level Since May
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) decreased to 6.83% from 6.84%.
Market
NAR: Pending Home Sales in Northeast Rose 2.1% in June, Defying National Trend
Pending sales in the Northeast increased incrementally even though home price growth in the region has been the strongest in the country.
Market
HGAR June 2025 Housing Report: Prices Hit New Highs as Market Navigates Inventory Shifts
Market dynamics continue to reflect high competition at the entry level and slower movement in the luxury tier.
Market
OneKey MLS: NYC Regional Home Sales Fell 6% in June as Markets Faced Ongoing Inventory Constraints
Closed sales for all properties edged down 6.0% year-over-year to 3,972 transactions, with single-family home closings down 4.6%.
Market
NAR: Existing-Home Sales Fell 2.7% in June; Northeast Sales Dropped 8% Last Month
More supply is needed to increase the share of first-time homebuyers in the coming years even though some markets appear to have a temporary oversupply at the moment.
Market
NAR’s Yun Predicts 14% Home Sales Increase in 2026
Yun predicted that existing home sales would rise approximately 3% this year, but jump 14% higher in 2025.
Market
Big City Exodus: Report Finds Majority of Shoppers Looking to Relocate for Budget and Lifestyle
Notably, big cities New York (71.7%), Boston (72%), and Chicago (72.6%) joined the top 10 metros with the highest out-of-market search rates.
Market
NAR Launches New Member-Exclusive Market Statistics Dashboard with Forward-Looking Affordability Analysis
The Dashboard also includes forward-looking analysis on how many households could qualify to buy a median-priced home if mortgage rates fall to 6%.
Market
International Buyers Purchased $56 Billion Worth of U.S. Homes from April '24 to March '25
Due to stubbornly high mortgage rates, a greater share of international home buyers paid cash—47% compared to 28% among all buyers.
Market
JLL Report: Westchester County’s Office Market Posts Strongest Second Quarter Activity Since 2021
Leasing activity surged this quarter to over 360,000 square feet, a 45% increase from the first quarter of this year, with renewals representing 57% of executed transactions.
Market
Report: Residential Real Estate Markets Across Lower Hudson Valley Continue to Show Signs of Strength, Stability in Second Quarter
The report noted that in Westchester County, the luxury segment remains particularly strong, with significant buyer activity in the $2-million-and-above category.