The New York-Northern New Jersey metro, which comprises more than 18.7 million people, will experience minimal year-over-year gains in home values and rents, according to a recent Zillow rent forecast.
- NYC metro's median home value reached a new peak in December and should exceed $625,000 this year.
- Rents recently rose year-over-year by more than 9 percent in seven NYC metro neighborhoods.
- Manhattan and Brooklyn will see the highest volume of rental unit deliveries in the next three years.
Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018