Multifamily

Total investment sales reached $10.5 billion for this time period, according to the Real Estate Board of New York.

With thinner margins and an uncertain exit strategy, some are still wary of single-family rentals.

The tech platform connects smart apartment systems and devices into a single resident app.

Work from home trends resulting from COVID-19 will reshape the US housing market, likely becoming the norm well after shelter orders are lifted because many workers don't have to live close to workplaces.

The second quarter return is a "major reversal" from the negative 1% in the previous quarter and made for the second biggest swing in the past 94 quarters, according to Trepp.

Rents in New York have been dropping since the pandemic started. Last month they dropped another 1.1%, which means rents are down 3.3% when compared to last year, said Apartment List's latest New York rent report.

Still, small and medium-sized homes saw their prices increase slightly more than large homes, likely due to buyers prioritizing affordability.

While earlier affordable housing analyses have shown strong income growth for renters, those figures are skewed by the influx of high-income households.