We have just released our second quarter 2016 "Elliman Report: Manhattan Sales," the leading resource on the state of the Manhattan sales market. As always, our market reports are produced in conjunction with Miller Samuel to provide you and your clients with the most comprehensive and neutral market insight available.
Manhattan sales volume for the spring apartment market was consistent with long-term averages. Additional inventory finally entered the re-sale market after three years of unusually low supply, helping ease the market’s pace to more sustainable levels. The entry and middle markets still remain the fastest moving and we expect more of the same over the next few quarters.
At Douglas Elliman, we are constantly looking for ways to provide our clients with better information, empowering them to make more informed decisions. Our efforts to create this market report series reflect our strong belief that access to timely information is a vital resource in a market that is constantly changing. Committed to providing the best information in the industry, we are proud to offer this service to our clients. Explore our full market report series covering Manhattan, Brooklyn, Queens, Northwest Queens, Long Island, The Hamptons, North Fork, Westchester, Putnam & Dutchess Counties, Fairfield County, Greenwich, Miami, Boca Raton, Fort Lauderdale, Palm Beach, Los Angeles and Aspen at http://www.elliman.com/marketreports
Warmest regards,
Dottie Herman
President & CEO
Douglas Elliman
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