REBNY’s Q2 2021 Residential Sales Report Deliver a Vote of Confidence for NYC
Homebuyers gave New York City a vote of confidence as the pace of home buying maintained a brisk pace during the 1st half of 2021. Total residential sales dollar volume reached $13.3 billion at the end of the 2nd quarter of 2021 — the largest quarterly total since Q2 2017; and represented a 109.5% year-over-year increase from the $6.4 billion figure reached in the same period of 2020. Residential sales activity during the first six months of the year generated a total dollar volume of $23.7 billion, eclipsing the $11.5 billion in the first half of 2020.