Top 5 NYC Multifamily Sales
Top 5 multifamily sales recorded in the month of March 2017
Rent Growth
Rents were up 2.8% nationwide in February, down 40 basis points from January and roughly half the 5.5% growth rate of a year ago.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 sales in multifamily for February 2017 in New York City.
Top 5 NYC Multifamily Sales
Top 5 multifamily sales recorded in the month of January 2017
Rent Growth
Rents were up 4.6% nationwide in January, a 30-basis-point increase from December, though still 240 basis points below the recent high of 7.0% in January 2016.
Rent Growth
Rents grew 4.0% nationwide in December, a 30-basis-point decline from November and a 270-basis-point drop from the recent high of 6.7% in October 2015.
Top 5 NYC Multifamily Sales
Top 5 multifamily sales recorded in the month of November 2016
Rent Growth
Rents grew 4.3% nationwide in November, a 10-basis-point decline from October and a 240-basis-point drop from the recent high of 6.7%, in October 2015.
Market Pulse for December 2016
Market Pulse section compiled by Suzann Silverman. To comment, email [email protected]. Multifamily Starts: According to the Census Bureau and the U.S. Department of Housing and Urban Development, multifamily housing starts—both two to four unit buildings and buildings with five or more units combined—recorded a steep decline in September. Over the month, multifamily starts fell by 38 percent from a seasonally adjusted annual rate of 426,000 to 264,000, starts of buildings with two to four units dropped from 17,000 to 14,000, but starts of five or more unit buildings declined by 38.9 percent from 409,000 to 250,000. Over the past 12…
Rent Growth
Rents grew 4.4% nationwide in October, a 30-basis-point decline from September and a 230-basis-point fall from the recent high of 6.7%, in October 2015.