Wednesday, 17 June 2020

NYC’s lockdown will count as one day on the market for resi listings

In the annals of New York City’s residential market, “New York on Pause” will be reduced to one day on the market. As the city began to shut down to slow the spread of Covid-19 in March, the Real Estate Board of New York ordered the 90 companies that publish listings from its Residential Listing Service to stop displaying the “days on market metric.” Now, as the five boroughs near the second phase of reopening



source https://therealdeal.com/2020/06/17/nycs-lockdown-will-count-as-one-day-on-the-market-for-resi-listings/

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