Market Leaders Profile: New York

Data and information on the New York remodeling market

September 30, 2009

 

Population: 19,006,978 (3.7 percent increase since 2000)

Home prices:

  • Down 11.9 percent from 2008
  • Down 20.5 percent from June 2006 local peak
  • Down 0.8 percent over last 5 years
  • Up 82.3 percent over last decade

Homeownership rate: 52.6 percent (No. 73 among major metros)

Median household income: $60,964

Local unemployment rate: 9.1 percent (up from 5.6 percent in 2008)

Sources: S&P/Case Shiller Home Price Index, U.S. Bureau of Labor Statistics, U.S. Census Bureau |

RELATED LINKS

New York Daily News: Top appraiser offers forecast for New York's housing market 



The Corner Office: Alure Home Improvements 



Wall St. Weighs on New York

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