News from streeteasy A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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Dec 16, 2020, 05:00 ET NYC Rent Declines Surpass Those of the Great Recession

New York City rents have fallen more this year than they did during the Great Recession, according to StreetEasy's November 2020 Market Reports....

Nov 18, 2020, 05:00 ET NYC Home Sales Reach Pre-Pandemic Levels

In October, New York City home buying rose to levels unseen since the spring of 2019, according to the latest StreetEasy Market Reports — an...

Oct 23, 2020, 05:00 ET Manhattan Asking Rents Fall Below $3,000 for First Time Since 2011

A record high share of rent cuts contributed to a Manhattan median asking rent of $2,990 in the third quarter of 2020 — the first time this figure...

Oct 15, 2020, 05:00 ET StreetEasy Unveils NYC Home Valuation Alongside New Seller Tools

StreetEasy®, NYC's leading real estate platform, today unveiled new dedicated tools and resources for NYC homeowners and sellers. This includes the...

Sep 24, 2020, 05:00 ET Brooklyn Sees Buying Frenzy Despite Broader Slowdown

A near-record number of Brooklyn homes went into contract in August, even as pending sales in Manhattan and Queens continued to fall amid a market...

Aug 12, 2020, 05:00 ET NYC Sales Inventory Returns, But Buyers Hold Out for Deals

A flood of new homes went up for sale in New York City in July, but other indicators — including pending sales and off-market price negotiations —...

Jul 17, 2020, 05:00 ET COVID-19 Transforms Peak Rental Shopping Season in NYC

As New York City faced the worst impacts of the coronavirus pandemic in the second quarter of 2020, the city's real estate market reeled. Demand for...

Jun 18, 2020, 05:00 ET Coronavirus Market Disruption Fuels Largest Brooklyn Price Drop Since 2011

The StreetEasy Brooklyn Price Indexi fell to $686,285 in May, a drop of 2.7% from last year, and the largest decline of all boroughs analyzed...

May 27, 2020, 05:00 ET New Sales Inventory Drops to Historic Low in NYC

April is typically the most popular month for sellers to list their homes on the New York City market, with 5,095 added in the month last year. This...

Apr 24, 2020, 05:00 ET Home Sales and Inventory Fall as Coronavirus Disrupts NYC Home-Shopping Season

Key findings: Prior to COVID-19, Manhattan sales prices had fallen to a six-year low, and rents had reached new highs in all boroughs analyzed....

Mar 19, 2020, 05:00 ET Brooklyn Rents Rise, Closing Price Gap With Manhattan

Rents in February again reached all-time highs across New York City, according to the StreetEasy Market Reportsi. The StreetEasy Brooklyn Rent...

Feb 19, 2020, 05:00 ET Amid Broader Slump, Buyers Seeking Affordability Face Toughest Market

The sluggish Manhattan sales market persisted in January, but one segment of the market is heating up. In the bottom 20% of the Manhattan market,...

Jan 23, 2020, 05:00 ET Manhattan Luxury Prices Fall to 2013 Levels as Sellers Face Reality

The price threshold for Manhattan luxury homes, which constitute the top 20% of the market, fell to its lowest level since 2013, according to the Q4...

Dec 19, 2019, 16:05 ET A Holiday Gift for Renters: NYC Landlords Offer More Rent-Free Months

A holiday gift has come for NYC renters in the form of more concessions from landlords, meaning more free months of rent, according to the November...

Nov 25, 2019, 05:00 ET Fewer Landlords Cut Prices as Rents Increase at Fastest Pace in Four Years

Renters are facing an unusually competitive fall rental season, with fewer discounts offered by landlords and rent growth continuing to increase at...

Oct 24, 2019, 05:00 ET NYC Sales Inventory Hits Record as Sellers Refuse to Ease Prices

The number of homes for sale reached new highs in Brooklyn and Queens and jumped to near-highs in Manhattan, according to the Q3 2019 StreetEasy...

Sep 19, 2019, 05:00 ET As NYC Home Prices Plunge, Rents Rise at Fastest Rates Since 2016

The NYC rental market continues to move in the opposite direction of the weakening sales market, with rents across the city rising at their fastest...

Aug 22, 2019, 05:00 ET NYC Sellers Offer Fewer Price Cuts Despite a Surplus of Homes for Sale

Though the NYC sales market continued to slow in July, sellers offered fewer discounts than they did earlier in the summer, according to the July...

Jul 25, 2019, 05:00 ET NYC Sales Market Strengthens, But Inventory Surplus Remains

With a higher New York City mansion tax looming, buyers and sellers rushed to close deals on expensive homes in the second quarter of 2019, driving...

Jun 20, 2019, 05:00 ET Queens Sees Record Number of Home Sales as Buyers Seek Value

The number of home sales in Manhattan, Brooklyn and Queens rose in May, with Queens seeing the largest spike: a 25.6% annual increase, according to...

May 23, 2019, 05:00 ET Wave of NYC Home Sales May Point to Strengthening Market

The number of for-sale homes going into contract spiked in April, particularly in Manhattan, an indicator that the NYC sales market may be...

Apr 18, 2019, 05:00 ET NYC Rents Hit All-Time Highs as Discounts Diminish

As the New York City sales market continued to weaken in the first quarter of 2018, asking rents across the city rose to record highs, according to...

Mar 21, 2019, 05:00 ET Manhattan Homes Linger on Market, Forcing Sellers to Cut Prices

Many sellers across the city cut prices on their homes this February as winter brought a chill to the sales market. In Manhattan, more than one in...

Feb 20, 2019, 05:00 ET Manhattan Rents Hit All-Time High as Sales Prices Drop at Fastest Pace on Record

The rental market remained hot this January as the weakening home sales market motivated many would-be buyers to rent instead. While strong demand...

Jan 22, 2019, 18:30 ET StreetEasy Unveils New Platform to Improve Listing Input and Management

Today, StreetEasy®, New York City's leading real estate marketplace, unveiled Listing Tools, a new platform to make it easier for agents to enter and ...