WalletHub study shows NYC is among country’s worst largest real estate markets in 2023 – QNS.com

New York City is ranked as one of the worst places to buy a house in the United States, primarily due to its real estate market and affordability issues, according to a study by WalletHub.

qns.com

Relevant topic timeline:

8/28/2023

Home prices could surge over the next year as affordability crisis worsens

Housing affordability is expected to worsen as home prices are projected to rise by 6.5% due to limited inventory and strong demand, leading to a decline in sales volume and a 17% decrease in home sales in 2023.

9/18/2023

Experts Recommend Affordable yet Growing Cities Like Dallas and Nashville for Real Estate

Summary: If you're in a position to buy real estate, considering purchasing a home in cities like Nashville, Dallas, Las Vegas, and metropolitan areas in California, New York, and Washington could be a smart move before the housing market heats up, according to real estate experts.