Elegran’s Monthly Leverage Indicator: December 2022
December 2022
Elegran’s Leverage Indicator informs us whether the current is a buyer’s or a seller’s market; i.e, which party possesses transactional leverage. Looking at the graphs below, this is indicated by the direction of trendlines. Our indicator also informs us regarding the relative strength of that leverage, indicated by the slopes of those trendlines. Per below, Manhattan is in the grips of an exceptionally strong buyer’s market and Brooklyn a strong buyer’s market.
- Jason Thomas, Director of Research at Elegran Real Estate
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