The NYU Furman Center / Citi Report on Homeownership & Opportunity in New York City analyzes recent home sales data and examines the potential purchasing power of households at various income levels in New York City, as well as the nearby counties of Nassau, Suffolk, and Westchester.
It finds that becoming a homeowner in New York City’s real estate market is a considerable challenge for the vast majority of New York City households due to the city’s severely constrained supply of affordable home-buying opportunities, and homeownership prospects do not necessarily improve by moving out of the city to the surrounding New York suburbs.
WEBINAR BRIEFING: NYU Furman Center researchers will present findings from the NYU Furman Center / Citi Report on Homeownership & Opportunity in New York City on Friday, September 9th from 1:00-2:00 p.m. EDT. Register >>
MEDIA: View the press release. Media inquiries can be directed to Shannon Moriarty at firstname.lastname@example.org.