News

The April 2022 S&P CoreLogic Case-Shiller Home Price Index, which measures U.S. residential real estate prices and tracks changs in value of residential real estate nationally, recently reported a 20.4% year-over-year growth nationally and a record 21.2% growth for its top 20-City Composite. The index listed New York City as one of its data point cities. As a result, it should now be recognized why the main housing concern was an overheating housing market rather than the crash that many peopl...

Technological Advancements in the Time of COVID: Staff use an ultraviolet light wand to disinfect the buttons of an elevator at a new condo in Park Slope, Brooklyn. Elevator disinfection tech has been a focus for both developers and concerned residents, but more time is needed to study their efficacy. Stefano Ukmar for The New York Times COVID-19 has brought different technological advancements to the real estate industry. Although some of these advancements raise privacy concerns and may ...

The real estate markets in suburbs and fashionable exurbs are heating up since people have been escaping from the COVID-19 pandemic. Due to such booming, some first-time buyers might feel a sudden hurry to buy their property and fear that the price would keep going up if they wait. However, Robert J. Shiller warned in this article that such optimism and excitement is unwarranted because of the historical boom-and-bust cycles, potential interference of political components and potential surge of ...