Major demand for homes in New York

Even with unemployment numbers still high, real estate brokers say the housing market is booming. But there are important factors to consider before you jump into homeownership.

Leaving New York City

Vacancy rates are rising in New York City as more people choose to leave. But the coronavirus isn’t the only reason people are departing.

Apartment vacancies hit record high in Manhattan

The exodus of people from New York City now means that a whopping 13,117 apartments have been listed for rent in Manhattan alone, more than twice as many apartments as were available for rent at this time last year.

US new home sales jump 13.8% in June

The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.