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Reports And Guides

October - 2019 Manhattan, Brooklyn and Queens Rentals

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Report Summary

In Manhattan, rental price trends press higher across all apartment sizes. The vacancy rate has increased year over year for three straight months and net effective median rent year over year growth appeared to have peaked in July.
The Brooklyn rental market saw rising demand which resulted in the largest year over year drop in concessions for 2019. Net effective median rent increased annually for eleven consecutive months.

In the Northwest Queens market, net effective median rent rose annually for the first time in four months. The market share of landlord concessions fell year over year for the third straight month.

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