In all the markets we track—Manhattan, Brooklyn, Westchester, and Miami—the year-over-year trends for June told the same story: Newly signed contracts remained well below the activity totals of 2022, but the rate of decline was the slowest we’ve seen in about a year....
New York City’s residential market sprang back to life in May after an April slump. As we head into summer, we’re busier than ever here at ESPINAL | ADLER, despite annual trends of summer slowing down after the spring rush. We love being able to help so many people in...
New York has long ranked among the top destinations for international investment, and the current state of the U.S. dollar likely means the flow of international buyers in the city will continue in the coming months. In Manhattan, not only are international buyers...
New York City’s luxury market was less frenzied last year than it was in 2021, but it still outpaced all other luxury markets in the United States—and ranked third worldwide, following only Monaco and Hong Kong, according to Douglas Elliman’s annual wealth report. As...
In a February report for Douglas Elliman, Miller Samuel’s Jonathan Miller said, “The consumer and the public narrative about the housing market is more negative than [the market] actually is.” It’s the perfect reminder: Don’t get frustrated or discouraged by...
Despite noting concerns ranging from economics to geopolitics to rising interest rates, the Douglas Elliman | Knight Frank survey panel is optimistic about 2023. Without discounting those concerns, we are too! In the survey, real estate is cited as the leading...