New York housing market

New York City’s Housing Market Finishes Strong in 2021; Slowdown Expected in 2022?

venice, colorful, channel-5172852.jpg

New York City’s residential real estate market closed 2021 with many arguing it had the strongest performance in three decades. By mid-October, Manhattan contract signings already surpassed the previous record, which was 12,520 in 2013 (UrbanDigs). With a little under two weeks left in 2021, closings reached 14,774 (Cavanaugh, TheRealDeal). Already, that’s more than double …

New York City’s Housing Market Finishes Strong in 2021; Slowdown Expected in 2022? Read More »

NYC’s Real Estate Market: Roaring Housing Prices Show No Signs of Slowdown

sale, sold, hand-3701773.jpg

“The story that I’m seeing across the board: All segments are transacting. New York [real estate] is back, and people want to be here.” – Christopher Kromer, Brown Harris Stevens Statistically, that’s an excellent summation of New York City’s real estate market. While real estate was least of all financial asset classes hit by the …

NYC’s Real Estate Market: Roaring Housing Prices Show No Signs of Slowdown Read More »