NYC Housing Market: Prices, Trends & Forecast 2022-2023
January 4, 2023
Here are the latest trends in the NYC real estate market as well as the statewide market. A prolonged scarcity of properties on the market across the Empire State, along with high prices and growing mortgage rates, continues to impede the New York housing market in 2022. In September 2022, closed sales fell 12.6 percent from 13,797 units in September 2021 to 12,057 homes last month, a drop of 12.6 percent, according to the New York State Associatio...