All About New York City, NY 10003 The New York City New York housing market has experienced mixed and low demand over the years. However, the city is on course to have slightly higher demand this year than last year. There was a significant amount of residential remodeling completed at the end of 2021. This resulted in a large number of empty homes across the five boroughs of New York City. This problem was eased somewhat over the winter months as fewer people were on the job. New York City housing market statistics over the last several decades have shown a steady increase in average population over time. Demographic change has also occurred in New York City, with more people living in Brooklyn and the surrounding areas, home to the majority of the population. This trend is particularly important when comparing New York City to other major cities around the world such as Houston, London, Tokyo, and Sydney. In addition to the larger population, New York City has the largest stock ex