2022 Q3 New York City Real Estate Market Report Overview:In the third quarter of 2022, the New York City real estate market experienced a notable shift as rising interest rates and economic uncertainties began to impact buyer sentiment. While the overall market showed signs of resilience, with stable pricing in many areas, there was a marked slowdown in sales volume, particularly among first-time...
2022
2022 Q2 New York City Real Estate Market Report Overview:The second quarter of 2022 marked a period of transition in the New York City real estate market, characterized by rising interest rates and inflationary pressures. While sales activity remained robust in the luxury segment, a general cooling in buyer demand was observed, especially among first-time homebuyers. The rental market showed...
2022 Q1 New York City Real Estate Market Report Overview:The first quarter of 2022 in New York City’s real estate market exhibited a robust recovery from the pandemic's effects, characterized by strong demand across various segments. With the easing of restrictions and a return to normalcy, both the sales and rental markets saw significant activity. However, rising interest rates and inflation...
2021 Q4 New York City Real Estate Market Report Overview:The fourth quarter of 2021 marked a significant rebound for New York City's real estate market as the city continued to recover from the impacts of the COVID-19 pandemic. The overall market showed strong demand, especially in the luxury segment, as buyers and renters returned to the city. The combination of rising prices and a competitive...