Rising Rents, Income Stagnation Force Renters to Pay Bigger Share of Income in 2017 According to Zillow, rising U.S. housing rents are eating up an increasingly large share of American incomes, costing the typical renter $2,000 per year. Currently, the median U.S. rental requires 29.1 percent of the median monthly income. However, in the years leading up to the housing bubble, renters spent just 25.8 percent of their income on housing. That...Read More
June 14, 2017
Recently Sold Homes in New York, NY have a median listing price of $2,116,000 and a price per square foot of $1,780. There are 20,686 active recently sold homes in New York, New York, which spend an average of 79 days on the market. Some of the hottest neighborhoods near New York, NY are Upper East Side, Midtown East, Upper West Side, Harlem.