Real Estate

NYC tenants owe $1.1B in unpaid rent: survey

New York City’s rent-regulated tenants owe more than $1.1 billion in back rent, with nearly 20% of them more than two months behind on their payments, according to a new survey.

Home prices surge by most in over 6 years

U.S. home prices rose in October by their fastest pace in more than six years as a stampede out of city centers resulted in the fewest properties listed for sale on record.