Almost 10% of recently listed properties are priced lower than their previous sale. This indicates that buyers may find attractive pricing opportunities in the current market.

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Is now a good time to invest in Manhattan, New York residential property?

We are moving from a buyer’s to a neutral market. Buyers (especially those buying all-cash) still have the advantage. Rental yields are high as rents are at record levels. It’s a good time to buy Manhattan property now if you are a cash buyer and especially if you plan to rent out the property. Properties on the market are negotiable while rents are at record levels.

Read the full article here: Is now a good time to invest in Manhattan, New York residential property?

Manhattan Property Market Update

Sales volume in Q2’2024 increased by 48.3 percent compared to prior quarter and 5.7 percent compared to prior year. This is the first annual increase after eight quarters.

Read the full article here: Manhattan Property Market Update

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