Weekly Manhattan & Brooklyn Market Update: 5/13

Dana Andreea | Unsplash Equities Market and NYC Contract Activity Rebounds Following a down week, both the equities and real estate markets rebounded. Although Manhattan's contract volume was lighter than the same week last year, Brooklyn saw an increase. Mortgage rates dipped slightly, and risin

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Elegran Manhattan Market Update: May 2024

Jason Krieger | Unsplash Contract Volumes Decline: A Quieter Spring Season The Manhattan real estate market is showing signs of slowing down this spring, with a decrease in contract volumes. This trend is likely due to several factors that have prompted buyers to exercise caution, including risin

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Weekly Manhattan & Brooklyn Market Update: 5/6

Jerome Clarysse | Pixabay When Bad News Is Good News Sometimes, bad news for the economy spells good news for the markets. This dynamic was observed last Friday, when a weaker-than-expected jobs report uplifted the equities market, fostering expectations that the Federal Reserve might cut intere

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