Want to Rent Your Dream Apartment? Prepare for a Bidding War. [New York Times, The]
Realogy Holdings Corp. (RLGY)
Last realogy holdings corp. earnings: 2/25 07:25 am
Check Earnings Report
US:NYSE Investor Relations:
ir.realogy.com/investor-overview
Company Research
Source: New York Times, The
The New York City real estate market is returning to its prepandemic normal, but anyone looking for a rental apartment should prepare for a possible post-pandemic surprise. Bidding wars — long the scourge of prospective home buyers — are now being waged for rentals, especially in the hippest neighborhoods that are within walking distance of newly reopening office buildings. “What we're now seeing is that certain neighborhoods — particularly those below 34th street on the West Side — are now coveted and in demand for rentals,” says Hal Gavzie, executive director of leasing at Douglas Elliman. “We've seen rental bidding wars, with multiple applications and inquiries leading to bids that are $100 to $750 above listing price,” he added. Median rental prices dropped during the pandemic when a lot of renters left the city, and could take months to fully recover. Mr. Gavzie said that this feels like a different market from past years because while corporations are slowly coming back,
Show less
Read more
Impact Snapshot
Event Time:
RLGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RLGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RLGY alerts
High impacting Realogy Holdings Corp. news events
Weekly update
A roundup of the hottest topics