New York City’s ultra-rich started the week with a reprieve from having to prove residency to avoid a pied-à-terre tax. But as the week ends, the reprieve itself proved fleeting. A state appeals judge yanked back the roadblock on Mayor Zohran Mamdani’s tax plan Thursday afternoon in a Staten Island

The quarterly New York Fed foreclosure data came out for Q2, and once again — to the surprise of many doomers — the index fell slightly, still below 2019 levels. Not only that, but this week’s existing home sales report also showed housing inventory down year over year and sales slightly higher, wit

Existing-home sales remained relatively stable in July despite elevated mortgage rates, with activity declining modestly from June while remaining above year-ago levels. According to the National Association of REALTORS®, sales fell 1.7% from June to a seasonally adjusted annual rate of 4.06 million