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.
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.
New York municipalities have been awarded at least $365.8 million for a variety of projects to reduce greenhouse gas emissions and other pollution and build resilience to climate change.
While the Black homeownership rate (44.7%; +0.6 percentage points) achieved the highest annual gain among all races in 2023, it remains substantially lower than White (72.4%; +0.1 percentage points).
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.
For the first time since 2016, new construction activity outpaced household formations. Yet, the nation still faces a supply shortfall of 3.8 million homes.
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