Elegran Manhattan Market Update: November 2023

Barron Roth | Unsplash Data courtesy of UrbanDigs Manhattan Market Update: Sellers Maintain Light Grip on the Market This month, sellers may have a small advantage due to heightened demand, but buyers also have favorable conditions with several indicators leaning their way. Below, the Elegran | Forb

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Weekly Manhattan & Brooklyn Market: 11/6

Andrea Beluss | Unsplash Week of 11/6 Surprising Early Peak and Cooling Sentiment in NYC's Fall Real Estate Market This week, we observe a substantial dip in the Consumer Sentiment Index, dropping from +34 to –4. This suggests a 4% decrease in the attitude towards NYC residential real estate relativ

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Weekly Manhattan & Brooklyn Market: 10/30

Andy | Unsplash Week of 10/30 Consumer Confidence High Despite 7.5% Jumbo Rates This week, even though mortgage rates are rising, they're not slowing down New York City's real estate market. In fact, this past week demand was higher than the seasonally adjusted pre-pandemic average. While higher rat

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