COVID-19 + NYC Real Estate
COVID-19 has impacted virtually every aspect of life for New Yorkers. At StreetEasy, we’ve been hard at work publishing new research and sharing real-time data to help everyday renters, buyers, and sellers make informed decisions about housing. Today, New York City Mayor Bill de Blasio announced the launch of the NYC Recovery Data Partnership, a first-of-its-kind public-private data sharing program with StreetEasy and eight other companies, including LinkedIn and Foursquare, to aid in COVID-19 response and recovery efforts.
As a founding partner, StreetEasy will provide the city with real-time real estate metrics every week — broken out by neighborhood — to help city officials track changes in the market as they happen. Key metrics will include the number of new and active rental listings, the number of new and active sales listings, and the share of active rental or sales listings with a reduced asking price.
More on COVID-19 + NYC Real Estate From StreetEasy
“One of our core values at StreetEasy is to turn on the lights, empowering New Yorkers with data-driven insights so it’s easier to make informed real estate decisions day in and day out,” says StreetEasy Economist Nancy Wu. “As the COVID-19 situation continues to evolve, real-time data is critical to help inform the city’s recovery. We appreciate the opportunity to contribute our data and be a part of efforts to better understand the pandemic’s impacts on the NYC housing market, the real estate industry, and local communities.”
Check out StreetEasy’s latest research on COVID-19 and the housing market and explore visualizations of our monthly data on the StreetEasy Data Dashboard. Learn more about the NYC Recovery Data Partnership.
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