New York Real Estate Activity Is In And Around New York
Metro Mover Index: 0.49
• Only half as many inbound searches as outbound searches
• Most home searches in New York are made by New Yorkers for New York homes
• New York remains slow-growing, with many New Yorkers looking to neighboring, cheaper and
less-dense metro areas
Inbound vs. Outbound:
• Only 12% of home searches in New York are made by house hunters more than 500 miles away
Falling Home Prices Fuel Demand In Hardest-Hit Markets
More than a seasonal desire for warmer weather during winter months, nearly
all the top longer-distance home searches from New York and Chicago at the
end of the summer were to major metros in South and Southwest.
Get your own copy of Trulia's Metro Movers Report - Q3 2011