The Manhattan property market suffered from Covid in 2020 and became a buyer’s market. In 2021, Manhattan rebounded and sales volume in 2021 was the highest ever recorded. Now in 2022, we are again in a buyer’s market because of inflation. Inflation led to the Federal Reserve increasing interest rates, which led to more than doubling of mortgage rates.
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Showing posts with label How inflation impacts Manhattan property. Show all posts
Showing posts with label How inflation impacts Manhattan property. Show all posts
Thursday, October 13, 2022
How inflation impacts Manhattan property
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