The Manhattan property market suffered from Covid in 2020 and became a buyer’s market. In 2021, Manhattan rebounded and sales volume in 2021 was the highest ever recorded. Now in 2022, we are again in a buyer’s market because of inflation. Inflation led to the Federal Reserve increasing interest rates, which led to more than doubling of mortgage rates.
Read full article here: How inflation impacts Manhattan property
Showing posts with label inflation rate. Show all posts
Showing posts with label inflation rate. Show all posts
Thursday, October 13, 2022
How inflation impacts Manhattan property
Tuesday, November 23, 2021
U.S. Inflation Rate and Manhattan Real Estate
New York property agent Wei Min Tan explains how the U.S inflation rate affects Manhattan real estate, and why investors from all over the world are buying Manhattan real estate.
Read full article here: U.S. Inflation Rate and Manhattan Real Estate
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