The Manhattan, New York residential property market had a tremendous year in 2021, and the trend is continuing into 2022. Sales volume for the overall condo and coop markets in 2021 was the highest in 32 years because of low mortgage rates, pent up demand, reopening of the economy and overall optimism as more than 70 percent of New Yorkers have been vaccinated. The streets of NYC feel very normal these days and will be 100% when everyone is back at the office full time.
Read full article here: Is now a good time to invest in Manhattan, New York residential property?
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
No comments:
Post a Comment