April 2021 Manhattan Property Market Overview by Weimin Tan

Top Manhattan, New York property agent Weimin Tan provides an 8 minute overview of the Manhattan condo market. The presentation covers the summary for the Manhattan condo market for the first quarter of 2021 wherein 1) Q1 sales volume was up by 20.4% versus the prior quarter, and 2) we have a shortage of supply, listing inventory went down by 14%. Strong demand continues driven by low mortgage rates, pent up demand and optimism for Covid vaccines.

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About:  
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums.  Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market.  Wei Min can be reached at tan@castle-avenue.com