Friday, August 10, 2007

New York Habitat Launches Furnished Apartment Market Report


New York, NY (PRWEB) July 24, 2007 -- http://www.nyhabitat.com/ proudly announces the launch of its Furnished Apartments Rental Market Report. The report evaluates the current state of New York City's furnished apartment, roommate share and vacation accommodation markets. Designed to address the questions of owners and renters, it details New York City market trends over the past three years.


The supply of furnished apartments in and around Manhattan remains tight, with continued high demand and limited inventory. Rental prices continue to rise as a function of the narrow housing supply. The market also registers a steadily growing number of apartment requests, with the average client remaining in New York for slightly longer than in previous years, according to the report.


The New York City Furnished Apartment Market Report, using original graphs, charts and analysis, addresses the following topics and more:


Average length of stay
Average price by apartment type
Percentage of apartments rented by type
Percentage of apartments rented by neighborhood
Price ranges by apartment type or neighborhood

No comments: