In Manhattan and Brooklyn, 2021 started strong: pent-up demand, increased purchasing power, and desire for more space powered a remarkable rebound.
Tag: Quarterly Reports
In Manhattan and Brooklyn, a wild year concluded with renewed market stability: Closings and signed contracts were up and supply growth slowed.
In a market eager for improvement, this quarter’s results provide a constructive yet tentative backdrop heading into what’s sure to be an eventful 2020.
In the Town of Palm Beach overall sales rose 16% year-over-year and 43% compared to last quarter. The significant quarterly gain is typical of the spring selling season.
Brooklyn exhibited varied market signals this quarter as buyers continued to endure supply constraints at lower price points and sellers experienced tempered demand at the high-end.