state_legiscan_drain · NY
Prohibits dynamic pricing, algorithm or automated pricing tools in the sale or rental of any residential dwelling unit; prohibits the use of online real estate auction platforms for rental units where the owner has a direct or indirect ownership interest in such platform.
May 28, 2026
Summary
If enacted, this bill would prohibit the use of dynamic pricing algorithms or automated pricing tools in the sale or rental of any residential dwelling unit in New York. It would also prohibit rental property owners from using online real estate auction platforms in which they have a direct or indirect ownership interest. The bill targets algorithmic price-setting practices and platform conflicts of interest in housing transactions, affecting real estate brokers, fintechs, and property managers.
Source: https://www.nysenate.gov/legislation/bills/2025/A11490
Common questions
- What does "Prohibits dynamic pricing, algorithm or automated pricing tools in the sale or rental of any residential dwelling unit; prohibits the use of online real estate auction platforms for rental units where the owner has a direct or indirect ownership interest in such platform." cover?
- If enacted, this bill would prohibit the use of dynamic pricing algorithms or automated pricing tools in the sale or rental of any residential dwelling…
- When was it published?
- It was published on May 28, 2026.
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