Weekly Manhattan and Brooklyn Market Update: 9/1

Rihards Gederts | Elegran Late-August Slowdown: Manhattan Contracts Fall, Brooklyn Activity Eases As August comes to a close, the New York City housing market is catching its breath before the post–Labor Day surge. Both boroughs saw contract activity slow sharply this week, a seasonal dip that co

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Weekly Manhattan and Brooklyn Market Update: 8/25

Rihards Gederts | Elegran Brooklyn Leads NYC Market Surge as Manhattan Holds Steady Ahead of September New York City’s residential market is showing renewed strength as summer winds down. This week, the Elegran NYC Consumer Sentiment Index jumped from 28% to 41%, signaling confidence levels well a

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Weekly Manhattan and Brooklyn Market Update: 8/18

Rihards Gederts | Elegran NYC Housing Supply Falls Again, but Buyer Trends Split in Manhattan and Brooklyn As mid-August arrives, Manhattan and Brooklyn are both grappling with shrinking inventory—now at multi-week lows—but buyer behavior is diverging. Manhattan saw another dip in contract activit

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