Foreclosure rates and market trends in New York

  • Single-family rental growth has slowed in the high-end tier as of May, while the lower end of the market has remained strong throughout the nation, at 5.3 percent annual growth.
  • New York State home prices had the largest reported month-over-month gain in June 2016, at 3 percent.
  • Single-family rent growth slowed in New York City in May compared with the same time last year.

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

CoreLogic’s Market Pulse for August 2016 reports on the national market and local trends, including a new inside look at the rental sector. Similar to the data company’s CoreLogic Home Price Index (HPI) and CoreLogic Case-Shiller Index, the new Single-Family Rental Index (SFRI) measures the growth of the rental market since January 2007.

After a massive growth spurt at the tail end of 2009 and into 2011 and steady growth that continued for a few years after, the SFRI shows rental price gains have recently begun to soften.