Graph and download economic data for All-Transactions House Price Index for New York (NYSTHPI) from Q1 1975 to Q1 2025 about appraisers, NY, HPI, housing, price index, indexes, price, and USA.

In October 2024, the median sales price of residential properties in New York City reached approximately 735,000 U.S. dollars, down from almost 794,000 U.S. dollars in July 2024. This was significantly higher than the national average for existing single-family homes.

Graph and download economic data for Condo Price Index for New York, New York (NYXRCNSA) from Jan 1995 to Apr 2025 about New York, HPI, housing, price index, indexes, price, and USA.

All-Transactions House Price Index for New York was 1092.90000 Index 1980 Q1=100 in January of 2025, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for New York reached a record high of 1092.90000 in January of 2025 and a record low of 72.54000 in January of 1976. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for New York - last updated from the United States Federal Reserve on July of 2025.

The average price for residential real estate in Manhattan, New York increased for luxury, new developments, and condos. Conversely, prices for re-sale and co-op properties declined slightly. In the third quarter of 2024, the average square footage price for a re-sale property was 1,404 U.S. dollars per square foot.

Graph and download economic data for S&P CoreLogic Case-Shiller NY-New York Home Price Index (NYXRNSA) from Jan 1987 to Apr 2025 about New York, NY, HPI, housing, price index, indexes, price, and USA.

As compared to the previous year, the median price for home sales in Manhattan, New York decreased in the first quarter of 2023. In that quarter, the home price reached the median of **** million U.S. dollars, down from *** million U.S. dollars the year before. In other New York boroughs, such as Brooklyn, and Queens, and Bronx, the median home prices followed the opposite trend.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) (MEDLISPRIPERSQUFEE31740) from Jul 2016 to Jun 2025 about Manhattan, KS, square feet, listing, median, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Manhattan, KS (MSA) (ATNHPIUS31740Q) from Q2 1986 to Q1 2025 about Manhattan, KS, appraisers, HPI, housing, price index, indexes, price, and USA.

The median monthly asking rent of single family homes and apartments in Manhattan, New York plummeted in 2020, following the coronavirus (COVID-19) pandemic outbreak. The average rent in Upper East Side fell to ***** U.S. dollars, only to surge in the next two years. In 2024, a residential property in Downtown Manhattan had an average rent of nearly ***** U.S. dollars.

The U.S. housing market has slowed, after ** consecutive years of rising home prices. In 2021, house prices surged by an unprecedented ** percent, marking the highest increase on record. However, the market has since cooled, with the Freddie Mac House Price Index showing more modest growth between 2022 and 2024. In 2024, home prices increased by *** percent. That was lower than the long-term average of *** percent since 1990. Impact of mortgage rates on homebuying The recent cooling in the housing market can be partly attributed to rising mortgage rates. After reaching a record low of **** percent in 2021, the average annual rate on a 30-year fixed-rate mortgage more than doubled in 2023. This significant increase has made homeownership less affordable for many potential buyers, contributing to a substantial decline in home sales. Despite these challenges, forecasts suggest a potential recovery in the coming years. How much does it cost to buy a house in the U.S.? In 2023, the median sales price of an existing single-family home reached a record high of over ******* U.S. dollars. Newly built homes were even pricier, despite a slight decline in the median sales price in 2023. Naturally, home prices continue to vary significantly across the country, with West Virginia being the most affordable state for homebuyers.

Graph and download economic data for Commercial Real Estate Prices for United States (COMREPUSQ159N) from Q1 2005 to Q3 2024 about real estate, commercial, rate, and USA.

Graph and download economic data for All-Transactions House Price Index for Queens County, NY (ATNHPIUS36081A) from 1975 to 2024 about Queens County, NY; New York; NY; HPI; housing; price index; indexes; price; and USA.

The average asking rent for Class A office space in Midtown Manhattan was ***** U.S. dollars per square foot in the first quarter of 2024. It was above the Manhattan average of ***** U.S. dollars, but below that of Midtown South, which was the most expensive district at ****** U.S. dollars per square foot. What is Class A real estate?Class A real estate refers to the best properties in terms of appearance, age, quality of infrastructure and location. These properties usually command the highest rental rates, due to their high quality. In the U.S., Manhattan has the most expensive rents for Class A offices.Midtown vs Midtown SouthMidtown Manhattan contains the Empire State Building, MoMA, Grand Central Station, and the United Nations Headquarters. The most expensive submarket there was Plaza District in 2024. Meanwhile, Midtown South is home to Madison Square Garden, Pennsylvania Station, Hudson Yards, and Koreatown. In 2024, the most expensive submarket there was Hudson Yards, followed by Chelsea and Hudson Square.

Graph and download economic data for All-Transactions House Price Index for Nassau County-Suffolk County, NY (MSAD) (ATNHPIUS35004Q) from Q3 1975 to Q1 2025 about Nassau, appraisers, NY, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for New York-Jersey City-White Plains, NY-NJ (MSAD) (ATNHPIUS35614Q) from Q4 1975 to Q1 2025 about NJ, New York, appraisers, NY, HPI, housing, price index, indexes, price, and USA.

According to Cognitive Market Research, The Global Residential Smart Glass market size will grow at a compound annual growth rate (CAGR) of 16.50% from 2023 to 2030.

The demand for the residential smart glass marketis rising due to the growing demand for its applications in commercial buildings, as well as the increasing adoption of smart glass within the commercial sector.
Demand for electrochromics remains higher in theresidential smart glass market.
The smart windows & doorscategory held the highest residential smart glass market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific residential smart glass market will experience the strongest growth until 2030.

Increasing Emphasis on Energy Efficiency and Sustainability to Provide Viable Market Output

The residential smart glass market is the growing emphasis on energy efficiency and sustainability in modern home design and construction. With rising awareness of environmental issues and increasing energy costs, homeowners are seeking innovative solutions to reduce energy consumption and create sustainable living spaces. Residential smart glass, often equipped with dynamic glazing technology, offers an effective solution. It allows homeowners to control the amount of sunlight and heat entering their homes, thereby reducing the need for artificial cooling, heating, and lighting.

In March 2021, View Inc. successfully implemented intelligent windows at 730 Third Avenue, situated in the Midtown East area of Manhattan. The building now boasts over 1,100 state-of-the-art smart windows designed to help property owners comply with New York's Local Law 97. This legislation sets a target to reduce emissions from buildings by 40% within the next ten years, impacting over 57,000 structures across the city.

(Source:investors.view.com/news-releases/news-release-details/nuveen-and-taconic-reposition-tiaa-global-hq-midtown-manhattan)

Smart glass not only cuts energy costs but also lowers the carbon footprint of residential buildings by maximising natural light and preserving a suitable inside temperature. As green building standards and regulations become more stringent, the demand for residential smart glass is expected to continue growing, driven by its contribution to energy-efficient and eco-friendly homes.

Rising Interest in Smart Homes and Automationto Propel Market Growth

The increasing interest in smart homes and home automation systems. A variety of interconnected gadgets and technology that improve comfort, security, and energy efficiency are included in smart homes. Residential smart glass aligns perfectly with this trend, offering homeowners the ability to transform their living spaces into intelligent, responsive environments. With the integration of smart glass into home automation systems, users can control the tint, transparency, and privacy of their windows with a simple touch on a mobile app or through voice commands. This not only adds a futuristic and high-tech appeal to homes but also enhances comfort and security.

Market Dynamics of Residential Smart Glass

High Initial Costs and Limited Affordability to Hinder Market Growth

The broader adoption of residential smart glass is the high initial cost associated with its installation. Smart glass technologies, especially those using electrochromic or suspended particle devices (SPD) systems, tend to be more expensive than traditional window solutions. This can pose a significant barrier for many homeowners, especially in regions with tighter budgets. While the long-term energy savings and potential increase in property value may justify the investment for some, others may find it cost-prohibitive. Additionally, installation and integration costs can further escalate the overall expenses.

Impact of COVID–19 on the Residential Smart Glass Market

The COVID-19 pandemic had a notable impact on the residential smart glass market. Initially, as lockdowns and restrictions were imposed, the market experienced disruptions in the supply chain, leading to delays in project timelines and installations. Many residential construction and renovation projects were put on hold, impacting the demand for smart glass. However, as the pandemic underscored the importance of home environments and remote work, homeowners began to invest more in home improvement projects, including the adoption of smart technologies...

Graph and download economic data for Housing Inventory: Median Listing Price in New York (MEDLISPRINY) from Jul 2016 to Jun 2025 about NY, listing, median, price, and USA.

Graph and download economic data for Home Price Index (High Tier) for New York, New York (NYXRHTSA) from Jan 1987 to Apr 2025 about high tier, New York, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (MEDLISPRIPERSQUFEE35620) from Jul 2016 to Jun 2025 about NJ, New York, square feet, PA, NY, listing, median, price, and USA.