Graph and download economic data for All-Transactions House Price Index for New York (NYSTHPI) from Q1 1975 to Q4 2024 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 All-Transactions House Price Index for Nassau County-Suffolk County, NY (MSAD) (ATNHPIUS35004Q) from Q3 1975 to Q4 2024 about Nassau, appraisers, 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 3.85 million U.S. dollars, down from 4.7 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 Condo Price Index for New York, New York (NYXRCSA) from Jan 1995 to Jan 2025 about New York, HPI, housing, price index, indexes, price, and USA.

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

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.

The Report Covers Real Estate Company in US and it is segmented by Type (Apartments and Condominiums, Villas and landed houses) and by Cities (New York, Los Angeles, San Francisco, Miami, Washington DC and Other Cities). The report offers market size and forecasts for luxury residential real estate market in US for all above segments.

The U.S. housing market has slowed, after 13 consecutive years of rising home prices. In 2021, house prices surged by an unprecedented 18 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 4.2 percent. That was lower than the long-term average of 4.4 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 2.96 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 389,000 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 Housing Inventory: Median Listing Price in New York (MEDLISPRINY) from Jul 2016 to Feb 2025 about NY, listing, median, price, and USA.

All-Transactions House Price Index for New York-Jersey City-White Plains, NY-NJ (MSAD) was 334.56000 Index 1995 Q1=100 in October of 2021, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for New York-Jersey City-White Plains, NY-NJ (MSAD) reached a record high of 334.56000 in October of 2021 and a record low of 23.36000 in April 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-Jersey City-White Plains, NY-NJ (MSAD) - last updated from the United States Federal Reserve on March of 2025.

The median sales price of new development condos in Brooklyn, NY was over one million U.S. dollars in the third quarter of 2024, up from 965,000 U.S. dollars in the corresponding quarter in 2023. Co-op housing was the most affordable option for home buyers, with a median sales price of 549,000 U.S. dollars in 2024.

The median sales price of luxury homes in Manhattan, New York increased for condos, re-sales, and co-ops, but fell for new developments. In the third quarter of 2024, the median price of luxury condos amounted to 11.9 million U.S. dollars, up from 10.32 million U.S. dollars in the same quarter in 2023.

Graph and download economic data for Housing Inventory: Active Listing Count in New York (ACTLISCOUNY) from Jul 2016 to Feb 2025 about active listing, NY, listing, and USA.

The US commercial real estate (CRE) market, valued at $1.66 trillion in 2025, is projected to experience steady growth, driven by several key factors. Strong economic fundamentals, including a robust job market and increasing demand for office, retail, and industrial space in major metropolitan areas like New York, Los Angeles, and Chicago, contribute to this positive outlook. The ongoing expansion of e-commerce fuels the demand for logistics and warehousing facilities, while the multi-family sector benefits from population growth and urbanization trends. However, rising interest rates and potential economic slowdown pose challenges, potentially impacting investment activity and rental growth. The diverse range of property types within the CRE market creates opportunities and risks. Office space faces ongoing adaptation to hybrid work models, requiring landlords to enhance amenities and improve workplace flexibility. Retail spaces are undergoing transformation, with a focus on experiential retail and omni-channel strategies to compete with online retailers. The industrial and logistics sector remains strong, driven by continued e-commerce growth and supply chain optimization efforts. Competition among CRE companies like Zillow, Keller Williams, and CBRE remains fierce, emphasizing the need for innovation in property management and technological advancements in market analysis and transaction processes. While several cities experience robust growth, others might face localized challenges that influence individual market dynamics. The overall trajectory suggests a moderate expansion, albeit with variations across sectors and geographic locations. Careful consideration of these factors is crucial for successful investment and strategic decision-making within the US CRE industry. The forecast period of 2025-2033 suggests a continuation of these trends. While the 2.61% CAGR indicates a moderate growth rate, significant variations are expected across specific segments. The industrial and logistics sectors are likely to outperform others due to sustained demand, while office space may exhibit slower growth reflecting the ongoing adjustments to hybrid work. Regional variations will also be significant, with major metropolitan areas and technology hubs likely leading the growth trajectory. Understanding these nuances and deploying appropriate risk mitigation strategies will be vital for all stakeholders in the US commercial real estate market. This comprehensive report provides an in-depth analysis of the USA commercial real estate industry, covering the period from 2019 to 2033. With a focus on key market segments – offices, retail, industrial, logistics, multi-family, and hospitality – across major cities like New York, Los Angeles, Chicago, San Francisco, Boston, Denver, Houston, Phoenix, Atlanta, and Salt Lake City, this report offers invaluable insights for investors, developers, and industry professionals. The study utilizes 2025 as the base and estimated year, with a forecast period spanning 2025-2033 and a historical period covering 2019-2024. This report projects the market value in the billions of dollars, providing granular data and analysis of market dynamics. Key drivers for this market are: Increasing number of startups. Potential restraints include: Low Awareness and Privacy Issues. Notable trends are: Industrial Sector Expected to Record High Demand.

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 Q4 2024 about NJ, New York, appraisers, NY, HPI, housing, price index, indexes, price, and USA.

This statistic shows the revenue of the industry “real estate property managers“ in New York by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of real estate property managers in New York will amount to approximately 10.844,7 million U.S. Dollars by 2024.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting 168 U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded 500,000 U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly 12 percent year-on-year, and in 2022, the increase was even higher, at close to 17 percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Average House Prices in the United States increased to 510000 USD in January from 509700 USD in December of 2024. This dataset includes a chart with historical data for the United States New Home Average Sales Price.

All-Transactions House Price Index for Westchester County, NY was 238.83000 Index 2000=100 in January of 2024, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Westchester County, NY reached a record high of 238.83000 in January of 2024 and a record low of 14.90000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Westchester County, NY - last updated from the United States Federal Reserve on March of 2025.