Weekly Manhattan & Brooklyn Market Update: 8/12

Rihards Gederts - Elegran | Forbes Global Properties Bright Spot: Mortgage Rates Decrease to 15-Month Lows This past week, Manhattan and Brooklyn continued to show diverging trends in contract activity. Manhattan saw an 8% increase in contract volume compared to the previous week. However, the total

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Elegran Manhattan Market Update: August 2024

Rihards Gederts - Elegran | Forbes Global Properties Overall Manhattan Market Update: August 2024 Supply Falls More Than Demand; Decreasing Interest Rates Can Spur Demand Amidst Uncertainty July 2024 saw the third-highest number of signed contracts in any July over the past ten years. Although it wa

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Weekly Manhattan & Brooklyn Market Update: 8/5

Rihards Gederts - Elegran | Forbes Global Properties Entering August: Mortgage Rates Drop; Limited New-To-Market Supply; Lower Contract Volume in Manhattan; Brooklyn Contract Volume Rebounds This week, Manhattan and Brooklyn experienced contrasting trends in contract activity. In Manhattan, contract

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