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Governor Of New York LOSES IT As NYC Listings SURGE, Prices FREEFALL! New York’s housing market is finally offering buyers real options as mortgage rates stabilize near six percent, loosening the lock‑in of sub‑3% debt from the pandemic. Citywide inventory is up about 9%, with standout pockets like Brighton Beach (almost 49%) and Flushing (about 48%) seeing big jumps in listings, signaling a shift toward a more balanced market. The luxury segment shows a recalibration: Hudson Yards remains the priciest area but with a sharp price dip, while SoHo, TriBeCa, and NoHo push higher in median price and volume, illustrating a mix‑and‑match dynamic at the top. Underlying buyers and sellers are adjusting to higher borrowing costs and more realistic pricing, which should reduce bidding wars and encourage more thoughtful pricing and longer decision windows. Nationally, and in New York, rental markets still face rising costs in the city as amenities and urban living tempt renters to stay put or upgrade, even as overall affordability remains tight. The year ahead is expected to bring modest price gains and continued inventory pockets, with rate momentum and demand shifts likely to determine where opportunities persist. Overall, the market is normalizing around a new cost of money and a broader mix of buyers, sellers, and property types rather than returning to pre‑pandemic norms. If you'd like to verify the statements or numbers in this video then check out our sources: Hudson Yards Leads for 7th Consecutive Year, Despite Y-o-Y Price Drop: http://web.archive.org/web/2026013008... Is Now a Good Time to Buy a House?: https://www.redfin.com/blog/is-now-a-... Housing market will warm up in 2026, economists say: Here's why - AZ Big Media: https://azbigmedia.com/real-estate/ho... NYC neighborhoods where housing inventory is rising fastest: https://www.timeout.com/newyork/news/... 'Something big' just happened in the U.S. housing market, real estate CEO says. And it could mean the difference of being able to buy a home or not | Fortune: https://fortune.com/2026/01/12/someth... Disclaimer: We are real estate data enthusiasts, not licensed real estate agents, appraisers, or financial advisors. All content is derived from publicly available information, market data, and personal analysis, presented for informational and entertainment purposes only. We do not guarantee accuracy or completeness. Always seek advice from qualified real estate professionals, legal counsel, or financial advisors before making any property purchase, investment, or relocation decisions.