New York’s housing market enjoyed a spring revival in April as closed sales totaled 7,155 transactions, up 1.5% from 7,046 sales in April 2023. According to the New York State Association of Realtors, this is only the second time in the last 32 months when closed...
The two-story building in New York City’s Soho district that was once home to John Lennon and Yoko Ono has been listed for the first time in 53 years for $5.5 million. The couple bought the building in 1971 and lived there for two years until they moved into the...
Existing home sales were down by 1.9% from March to a seasonally adjusted annual rate of 4.14 million in April, according to new data from the National Association of Realtors (NAR). Compared to the previous year, sales were also down by 1.9% from 4.22 million in...
The monthly median selling price for single-family homes in the Boston area reached a record high in April of $950,000, according to data from the Greater Boston Association of Realtors (GBAR). This represented a 16.2% year-over-year spike from the median of $817,250...
Refinancing helped fuel an increase in mortgage application activity for the week ending May 17, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.9% on a...
The median asking rent nationally in April for 0-2 bedroom units declined year-over-year by 0.7% to $1,723, according to new data from Realtor.com. This marked the ninth consecutive year-over-year drop, with declines recorded in all size categories of rental housing....