— some rental markets, such as new york’s, are dominated by brokers (gordon 2006). Planners must consider these critical issues in any application of big data or — new york’s real estate market is seeing heightened demand but several factors, like soaring mortgage rates and low supply, are keeping sales down in 2023. A year ago, while most of the country was seeing record home sales and prices, driven by low mortgage rates and roaming office workers, new york was on the outside looking in:. — new york real estate was on shaky ground last year, as it was among the first epicenters in the u. s. Stories of new yorkers fleeing for the suburbs and commercial. — read on for some key figures concerning new york city’s rental market, home prices, and commercial real estate trends going into 2022. Rental market trends and statistics 1. Median rental prices up 12% going into 2022, following pandemic slump New york's real estate scene is notorious for its high cost of living and the resulting affordability challenges. With median home prices in the city often far outpacing the national average, residents face a considerable burden when attempting to purchase property. — how the new york housing market changed in 2022. — here's a snapshot of the current market to help you get a grip on where things stand: Median sale price (as of march 31, 2024): This is the real number most buyers pay, and it's a good benchmark for valuing properties. We exploit temporal and geographic variation in craigslist’s
