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The Manhattan 3rd Quarter residential market report is here....

Your slice of NYC!

Your slice of NYC!

 

The Manhattan market continues to be one of the better performing housing markets in the country, despite the turmoil we read about every day. Housing prices showed continued stability this quarter consistent with the past several years. Condo sales activity benefited from an increase in demand as foreign buyers took advantage of the weak US Dollar, while entry-level sales increased as buyers took advantage of falling mortgage rates. Although we will continue to face economic challenges going forward, we anticipate continued seasonal stability through the end of the year.

 

An amazing chefs kitchen with a sick nyc view!

An amazing chefs kitchen with a sick nyc view!

Here is the full third quarter report from Prudential Douglas Elliman:

http://assets.prudentialelliman.com/NYCPhotos/retail_reports/Manhattan_Q3_2011.pdf

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Paul Zweben, Licensed Associate RE Broker
pzweben@elliman.com
Carolyn Zweben, Licensed Associate RE Broker
czweben@elliman.com
1995 Broadway, New York, 10023

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