Why Manhattan is Now a Buyer’s Market
“In Manhattan, units priced below $1 million are piling up, according to a study by StreetEasy. Inventory climbed 27 percent in June from a year earlier — to the highest level for the month since 2013, the website found.
It’s essentially a buyers’ market across the board, and the total number of available homes in Manhattan is at the highest for the month since 2011.” -The Real Deal
See also:
The U.S. Housing Market Looks Headed for Its Worst Slowdown in Years –Bloomberg & The August 2018 Meir Report