Leasing activity slowed on both sides of the East River — typical for the season.
Market Reports
The East End continues to transition in the third quarter of 2023.
High prices met high mortgage rates in the Miami Beaches market as demand moderated.
Even as the area experiences the same economic headwinds as much of the country, the demand is still evident.
More units in Manhattan, and slightly lower prices in the outer boroughs, provide plentiful opportunities for renters.
With only 1,558 available listings, listed inventory fell for the eighth consecutive quarter to the lowest total since 4Q 2013.
The Manhattan real estate market continued down the road to normalization.
Higher prices haven’t yet caused tenants to pump the brakes.
Mid-summer demand is high for rentals across all corners of the city.