Two different Markets
Starter home inventory is up 4.5% year over year, and price cuts are more common. Despite that, starter home sales were still down 5.4% in May compared to a year ago. At the same time, luxury home sales rose 6.2% with less inventory and fewer discounts, meaning these two segments of the U.S. housi
NYC Co-op Transparency Law: What Buyers and Sellers Need to Know
New York City's new Co-op Transparency Law is set to change how co-op apartment sales move from contract to closing by putting firm deadlines on board review. Starting in late July 2026, covered co-op boards will have to acknowledge applications within 15 days and issue a final decision within 45 da
New York Housing Inventory Extends 15-Month Climb in May
New York's housing market continued to shift in May as inventory rose for the fifteenth consecutive month, giving buyers more options heading into the summer season. According to the New York State Association of REALTORS®, housing inventory climbed 3.2 percent year over year, increasing from 29,540
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