Summary of findings for Q4 of 2025:
- Inflation ends at 2.7% but data in November was incomplete.
- Mortgages trended lower ending at 6.15% for the 30 years fixed mortgage.
- All residential properties and Apartments median prices were higher Year Over Year , except for 3 & 4 family homes.
- All properties are selling faster, meaning Days On Market were lower across all property classes, specially 1 & 2 family homes.
- Sales counts were even for 1 & 2 families but lower by 10% for Apartments (Coops and Condos).
- Sales counts were much higher for 3 & 4 family properties as their saw their prices adjust lower.
- For 1 family homes, inventories decreased and the ratio between Closing Price and Final Asking Price came down, meaning sellers of 1 family homes got closer to asking price.
- Median rents were stable or lower for all unit types.
- In conclusion, 1 family properties are still in a seller´s market while larger multifamilies (3 & 4) and investment properties seem to be at the doors of a a buyer´s market as rents cool down after being overheated for the last few years.
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