The Manhattan, New York residential property market is currently a seller’s market. The key points to note in the August Manhattan property market are:
1. Tight supply
2. Interest rates at historical lows
3. High sales volume but prices are still lower than the prior peak, the Manhattan property market is not in a bubble
Read full article here: August 2021 Manhattan market update
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
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