CategoryDemographics

• The Median Age Of All Homebuyers Is 49, Up From 31 In 1981
• First-time Homebuyer Age Is Only Up About 6 Years Over The Past 43 Years
• Repeat Buyers Are Aging Because They Have More Housing Options

• Florida Buyers Purchased The Largest Share Of NYC Sales At Or Above $3 Million
• Florida Buyers Had The Third-Largest Share Of Out-Of-State NYC Buyers
• While NYC Buyers From New Jersey Topped All States, Their Share Collapsed

• Office building values have fallen by 70% or more as office rents plummet
• Vacancy rates of 20% do not nearly reflect the actual amount of vacant office space
• WFH pushed housing costs higher by enabling less compromise on location choices