Weekly Manhattan & Brooklyn Market: 11/7
Week of 11/07/22 The inflation rate is +151% higher than its long-term average. JUMBO mortgage rates are up +109% YTD. ^GSPC (the S&P 500 index) has given back –21% YTD. And yet, demand for NYC residential real estate (as measured by weekly signed contracts) continues to equal or exceed its pre-pand
Elegran Brooklyn Market Update: November 2022
Brooklyn Market Update The inflation rate is +151% higher than its long-term average. JUMBO mortgage rates are up +109% YTD. ^GSPC (the S&P 500 index) has given back –22% YTD. And yet, demand for NYC residential real estate (as measured by weekly signed contracts) continues to equal or exceed its pr
Elegran Manhattan Market Update: November 2022
Manhattan Market Update The inflation rate is +151% higher than its long-term average. JUMBO mortgage rates are up +109% YTD. ^GSPC (the S&P 500 index) has given back –22% YTD. And yet, demand for NYC residential real estate (as measured by weekly signed contracts) continues to equal or exceed its p
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