Manhattan Home Sales

Manhattan Home Sales

Jun 17, 2019 未分类 by wh1

Upper Manhattan defies borough-wide resi sales slowdown A weekly feature bringing you the industry’s latest intel

Upper West Side apartment buildings (Credit: Peter Burka via Flickr)

According to this week’s market reports, Upper Manhattan defied a borough-wide slowdown and the share of adults living with roommates reached an all-time high.


Rental Report | Zillow

Rising rents across the country are forcing nearly one in three adults to live with a roommate or a parent, the highest share ever上海千花网龙凤论坛

reported. In the survey, New York ranked fourth in the nation, with 40 percent of working-aged adults living with a roommate. The figure represents a 7.3 percent increase from 2000. Read the report here.

Sales | StreetEasy

Upper Manhattan defied a sales爱上海同城对对碰

slowdown in Manhattan in November. During the month, Upper Manhattan posted a 4.2 percent year-over-year increase in median sales price to $513,620. The whole of Manhattan, meanwhile, stayed flat at $1,166,947. Resale prices rose 爱上海同城对对碰

3.6 percent in Brooklyn and 6.1 percent in Queens. Read the full report here.

Sales | National Association of Realtors

In November, existing U.S. home sales rose for the third consecutive month and reached its hig上海龙凤论坛

hest in almost 11 years. Total sales rose 3.8 上海千花社区

percent year-on-year to 5.81 million, the highest since the 6.42 million registered in December 2006. The median price for all housing types stood at $248,000, representing a 5.8 percent increase from the same month last year. Read the report here.

Luxury Sales | Olshan Realty

There were 18 contracts that were signed last week at $4 million and above. The total is identical to the same period last year. For the second week in a row, the most expensive contract was for a unit at 432 Park Avenue, which had an asking price of $29.75 million.


REITs and REOCs 2018 Outlook | Moody’s

U.S. REITs and Real Estate Operating Companies have a stable outlook for 2018. The bright spots are industrial REITs, which will likely benefit from growth in the e-commerce industry. Moody’s identified cell towers, data centers, laboratories and medical offices as assets with strong fundamentals. Read the report here (subscription necessary).

Tags: Commercial Real Estate, Residential Real Estate
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