![]() The median rent in Brooklyn rose to a new high, exceeding last August’s record. Net effective median rent and median rent reached new highs. New lease signings fell annually for the first time in three months as listing inventory expanded annually for the fifth month.Īll price trend indicators in Northwest Queens rose annually to new records. New lease signings fell annually for the second time in three months as listing inventory expanded annually for the second consecutive month. ![]() The median rent in Manhattan reached a new high for the second consecutive month. Concessions paid by landlords fell to their lowest level since November 2019. Listing inventory expanded annually for the sixth month but remained more than ten percent below the decade average for April. Non-doorman median rental price continued to see a more significant annual increase than the doorman median rental price. The existing rental price per square foot outpaced that of new development. Luxury median rent rose annually to the third highest on record as luxury listing inventory experienced a substantially lower rate of annual growth than the previous three quarters-approximately one out of six luxury rentals leased above the last asking price.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |