October 2022 Manhattan Property Market Update

Key point #1: Sales down because of spike in mortgage rates
Key point #2: Buyer’s market favoring all-cash buyers
Key point #3: Rents keep breaking records

For cash buyers who intend to rent out the condo, now is perhaps the best time to get into the market.

Read full article here: October 2022 Manhattan Property 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