It has been quite a roller coaster ride in the Manhattan residential real estate market throughout 2022. The year began with hope of another banner year after last year’s record sales volume which was triggered by low interest rates, lower prices, pent-up post-pandemic demand, and the strength in the economy. Sales volume began to dip in April due to a combination of factors, most notably rising interest rates. Nevertheless, sales are still happening.
Get the full report in our Fall 2022 Newsletter.