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Latest census data raises questions about NYC renter demand

Softer demand may be in the cards with international migration down 70%
Falling international migration is eroding a key support of New York City apartment demand. (CoStar)
Falling international migration is eroding a key support of New York City apartment demand. (CoStar)
CoStar Analytics
April 8, 2026 | 9:59 P.M.

Even as New Yorkers have continued to move elsewhere, the city’s apartment market has relied on a steady influx of residents from abroad to support renter demand.

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