• Weekly Manhattan & Brooklyn Market: 7/18,Elegran | Forbes Global Properties

    Weekly Manhattan & Brooklyn Market: 7/18

    Week of 07/18/22 Last week, market activity in Manhattan and Brooklyn rebounded after slowing down right before and after the July 4th holiday weekend. Supply increased 3% in Manhattan and 4% in Brooklyn and contract activity increased 14% in Manhattan and increased 30% in Brooklyn compared to the p

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  • Weekly Manhattan & Brooklyn Market: 7/11,Elegran | Forbes Global Properties

    Weekly Manhattan & Brooklyn Market: 7/11

    Week of 07/11/22 Last week, on the back of the July 4th holiday weekend, the slowdown in Manhattan and Brooklyn real estate was palpable. Both boroughs experienced their lowest weekly volume of contracts signed in well over a year and the number of listings declined in both boroughs by nearly 6% as

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  • Manhattan Offers Relative Value Compared to the Rest of the US,Jason Thomas of Elegran Real Estate

    Manhattan Offers Relative Value Compared to the Rest of the US

    Headlines frequently reference the migration-driven robust price growth experienced by numerous metropolitan areas, such as those below, since the pandemic began. However, what's often omitted from those stories is that 25%+ annual appreciation is unhealthy and ultimately unsustainable, often result

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