What kind of housing conditions will employees moving to these 2 areas find?
- Price increase of 1.7% in New York City and 3.2% in Washington, D.C. metro areas over the past year.
- Single family rent increases of 2.5% in New York City and 2.3% in Washington D.C. metro areas over the past year.
- For sale housing supply of five months in New York City and three months in Washington, D.C. metro areas, compared with 3.5 months nationwide.
- Median home prices of $470,000 in New York City and $410,000 in Washington, D.C. metro areas, about double that of the National median home price of $225,000.
CoreLogic Insights Blog, Corelogic.com, November 13, 2018.