New York City is made up of dynamic neighborhoods in each of the five boroughs that make the different areas unique...and influence the pricing of the real estate differently. What you can buy in the Bronx as opposed to Manhattan varies as greatly as the surrounding neighborhood, but one thing is certain: 2018 is bringing price changes to all of New York City.   New luxury developments are driving up prices in neighborhoods that used to be more affordable and once-exclusive neighborhoods are going to see an adjustment as their inventory lags behind. Little Italy and Chinatown are two areas of Manhattan that will continue to see their pricing rise as old buildings are revamped into modernized housing. Although both neighborhoods have been considered unfashionable in the past, we expect that 2018 will be a big year for both and that those tides will change as more and more inventory comes on the market.   Little Neck in Queens is another neighborhood that has often been overlooked. Yet their solid school system and the ability to purchase an actual house -- while staying within the borders of New York City -- meaning that people are flocking to snap them up. Good school systems are always an indicator of strong real estate pricing; the interest we’re seeing now with Little Neck is more and more people being open to living a suburban life, while still in New York City.   The Bronx has been breathlessly covered in publication after publication, and we think that we will finally see the revitalization of this often-overlooked borough. With millennials wanting to purchase real estate, but finding many parts of New York City out of reach, the Bronx is still an affordable option. Still -- prices have been rising rapidly and we expect that trend to continue past 2018.   Of course, we would be remiss if we didn’t talk about the newly opened 2nd Avenue subway and what that has done for parts of the Upper East Side. With new stops at 72nd, 86th and 96th Streets, we’re seeing micro-neighborhoods, like Yorkville, appreciate quickly, as subway access is considered an essential part of living in New York City.   But not everything is on the rise; neighborhoods that have had some of the highest pricing in New York City is starting to level out. SoHo and Greenwich Village, two of the most charming neighborhoods in New York City, are seeing a slow-down with new luxury housing coming online, which means that their pricing is no longer rising as quickly as it has in the past.   We’re expecting 2018 to be another incredible year for real estate in New York City. Oxford agents are standing by, ready to help you make your move for in the New Year. Whether renting, buying or selling, we’re able to help you every step of the way as you find your new perfect place in New York City. From all of us at Oxford, we wish you a healthy and happy New Year and look forward to working with you soon!