A 20% year-over-year decline in inventory is preventing buyers from finding homes and making offers
And they 'continue to rise three times faster than the rate of inflation'
The city is seeing homes fly off the market within 12 days of being listed
Find out in our recap of ICNY 2018's Capital Connect session
All the latest real estate market news.
But some markets have yet to fully recover from the crisis
NAR chief economist Lawrence Yun says tax reform should get the U.S. economy back to 3% growth in 2018
Rising home prices and student loan debt are slowing down millennial homeownership, Apartment List finds
All the latest real estate market news.
Redfin and NAR discuss the risks at Inman Connect New York Thursday
And they might keep climbing ...
The decline was 'not unexpected' after November's fast sales pace left fewer homes on the market
Builders should be focused on developing units for moderate income buyers
'Fortune' magazine journalist and author Leigh Gallagher's new book looks at how the short-term rental service changed hospitality forever.
Redfin reports 7% price increase, shrinking supply in high-end sector
All the latest real estate market news.