September 15, 2016
- Douglass Elliman recently completed a report detailing rent trends in the New York City area. They found that as the supply of apartments has increased; however, rent prices are slipping.
- As the income for young adults increase, their demand for purchasing home has risen as well. A recent Census data report shows that over a seven year period the median salary in the U.S.increased by 5.6%. This was a rise the nation had not seen since 2007.
- Enterprise Community Partners released a report analyzing the distribution and best practices that municipalities use when disseminating the affordable housing tax credit.