Publications

  • Data Services Category: Quarterly Housing Reports ×
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  • Quarterly Housing Update: 1st Quarter 2015

    Housing prices increased over seven percent citywide compared to the same quarter of the previous year, according to the Furman Center’s New York City 2015 Quarterly Housing Update: 1st Quarter, with prices in Brooklyn surpassing the peak level set before the Great Recession. The number of residential home sales increased by five percent citywide compared to the same quarter in 2014. Developers received approval to build nearly 6,000 new housing units in New York City, with projects in Brooklyn accounting for nearly all the growth in new development activity. The number of properties receiving notices of foreclosure was nearly 11 percent lower than it was during the same quarter in 2014. Read the full report.

  • Quarterly Housing Update: 4th Quarter 2014

    The number of properties receiving notices of foreclosure was 25 percent lower in the fourth quarter of 2014 than in the same quarter in 2013, according to the Furman Center’s New York City 2014 Quarterly Housing Update: 4th Quarter. Compared to the fourth quarter of 2013, the number of residential sales declined about two percent citywide, and housing prices increased over six percent citywide. Residential building permit rates varied across the boroughs: more units were authorized in the fourth quarter of 2014 than in the same quarter of the previous year in Manhattan, Queens and Staten Island, but the Bronx and Brooklyn saw sizable declines. Read the full report.

  • Quarterly Housing Update: 3rd Quarter 2014

    The number of units authorized by new residential building permits continued to rise in during third quarter of 2014, according to the Furman Center’s New York City 2014 Quarterly Housing Update: 3rd Quarter, with Brooklyn experiencing the strongest growth. The number of residential properties sold in the third quarter of 2014 also increased citywide versus the same quarter in the previous year, most notably in Staten Island. Residential housing prices rose by over seven percent in the city overall, and the number of new residential foreclosure filings fell by more than 20 percent in each borough. Read the full report.

  • Quarterly Housing Update: 2nd Quarter 2014

    In the second quarter of 2014, total notices of foreclosure decreased in all boroughs, with a citywide drop of 17.1 percent, according to the NYU Furman Center’s 2014 Quarterly Housing Update: 2nd Quarter. Initial foreclosure filings fell nearly 35 percent citywide making this the second quarter in a row with year-over-year decreases in initial foreclosures. The report also found that residential property prices in New York City increased by 8 percent compared to the same quarter in 2013, with a 12.1 increase in Manhattan and an 11.2 increase in Brooklyn. See press release or read the full report.

  • Quarterly Housing Update: 1st Quarter 2014

    Citywide housing prices increased by over 17 percent overall compared to the first quarter of 2013, according to the NYU Furman Center’s New York City 2014 Quarterly Housing Update: 1st Quarter.  Brooklyn saw an increase of nearly 25 percent, while residential property in Manhattan reached a new peak, having increased by nine percent since the previous peak set in Q4 of 2007. See the press release or read the full report

    • Date: August 2014
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  • Quarterly Housing Update: 4th Quarter 2013

    Citywide sales volume in the fourth quarter of 2013 was 19 percent higher than in the same quarter in 2012, according to the NYU Furman Center’s New York City 2013 Quarterly Housing Update: 4th Quarter. Overall, residential housing prices in the fourth quarter of 2013 were stable compared to the previous quarter and up almost nine percent from the fourth quarter of 2012. The number of residential units authorized by new building permits in the fourth quarter increased in each borough compared to the previous quarter and the same quarter in 2012. 

    • Date: August 2014
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  • Quarterly Housing Update: 3rd Quarter 2013

    Manhattan sales prices reached a new peak for the second consecutive quarter, according to the NYU Furman Center's 2013 Quarterly Housing Update: 3rd Quarter. Brooklyn saw the largest gains in price appreciation over the previous year at 15 percent, while the Bronx, Manhattan, and Queens showed gains over 10 percent. Citywide, new foreclosure filings rose roughly 15 percent since the same quarter last year. 

  • Quarterly Housing Update: 2nd Quarter 2013

    Manhattan sales prices have surpassed their pre-recession peak, according to the Furman Center’s New York City 2013 Quarterly Housing Update: 2nd Quarter. But, despite the rise in residential sales prices and volume, foreclosure filings across New York City have continued to grow. 

  • Quarterly Housing Update 2013: 1st Quarter

    Indicators of new housing development look promising, according to the Furman Center’s New York City 2013 Quarterly Housing Update: 1st Quarter. Citywide, the number of units authorized by new residential building permits increased to its highest point since late 2008. This is the fourth consecutive quarter with more than 2,000 new units approved for development in New York City.

  • Quarterly Housing Update 2012: 4th Quarter

    Home prices in New York rose in the last quarter of 2012, according to the Furman Center’s New York City 2012 Quarterly Housing Update: 4th Quarter. Increase in prices was seen in all boroughs except Manhattan, with the Bronx showing the largest increase over the previous quarter, with prices up 8.1 percent. The Bronx also led the city with the most building permits authorized and the greatest increase in sales volume.

    • Date: April 2013
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