2023 Q3 New York City Real Estate Market Report Overview:The New York City real estate market in Q3 2023 exhibited a mixture of trends, with sales prices remaining relatively stable in most segments, while the rental market experienced continued growth. Sales activity slowed due to rising interest rates, but certain areas, particularly in Brooklyn and Upper Manhattan, continued to attract buyers...
2023
2023 Q2 New York City Real Estate Market Report Overview:The second quarter of 2023 showcased a mixed picture for New York City's real estate market. While sales activity slowed due to continued interest rate hikes and economic uncertainty, prices remained relatively stable, particularly in prime Manhattan and Brooklyn neighborhoods. The rental market continued to thrive, with record-high rents...
2023 Q1 New York City Real Estate Market Report Overview:The New York City real estate market in the first quarter of 2023 faced the ongoing impact of rising interest rates and economic uncertainty. Sales activity continued to slow, particularly in the middle and lower price segments, while prices remained relatively stable in Manhattan and Brooklyn. The rental market continued to thrive, with...
2022 Q4 New York City Real Estate Market Report Overview:The fourth quarter of 2022 demonstrated a resilient New York City real estate market amid rising interest rates and inflationary pressures. While the sales market saw some softening in demand, especially among first-time buyers, prices remained relatively stable, particularly in high-demand neighborhoods. The rental market experienced...