Hello,
On Tuesday August 6th, I will be featured in an Industry-wide panel discussing the August 17th changes for sellers and buyers of New York City Real Estate.
I look forward to discussing these changes with you in the coming weeks.
The Manhattan Market Pulse has moved to slightly favoring sellers who are priced correctly as monthly contracts signed have increased 6.3% from last month and 11.2% from this time last year.
Supply has fallen -12.1% from last month and has fallen -4.8% from this time last year.
Over $10 million, contracts signed are down 22.2% from last month but were almost twice the seasonal average.