Why Manhattan is Now a Buyer’s Market

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“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

About the author: Alexis Godley

New York City Real Estate

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