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The Capital District real estate market has remained one of the more resilient investment markets in New York during the first half of 2026. While higher mortgage rates continue to pressure affordability, strong demand, limited inventory, major redevelopment projects, and continued semiconductor and technology investment are supporting both residential and commercial property values.
Key Investment Trends
The region continues to suffer from a shortage of available homes. As of spring 2026, housing inventory across the Capital Region was down approximately 5.5% year-over-year, with only 1.9 months of supply available. Homes are selling quickly, averaging about 40 days on market and achieving roughly 99% of asking price. This limited supply continues to support property values and rental demand.
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