Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Friday, October 2, 2015
Manhattan Q3 2015 Property Market Update
Overall Q3 Market
Limited inventory not meeting demand is putting upward pressure on prices.
Number of sales, from pent-up demand since the financial crisis, increased 9.8% compared to a year ago. A robust local economy, weaker US dollar and global economic uncertainty all played a role in shaping the Q3 market.
Labels:
manhattan,
market report,
New York,
Property,
Wei Min Tan
Location:
New York, NY, USA
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