Weekly Manhattan & Brooklyn Market Update: 10/7
Rihards Gederts - Elegran | Forbes Global Properties Early Supply Drop and Rising Demand Tightens Market Competition Manhattan and Brooklyn saw surprising early declines in available inventory, with Manhattan’s supply down 3% to 6,578 units. While it’s common for new listings to slow, it’s unusual f
Elegran Brooklyn Market Update: October 2024
Rihards Gederts - Elegran | Forbes Global Properties Overall Brooklyn Market Update: October 2024 Brooklyn Market Shifts in Favor of Buyers Amid Rising Inventory, but the Advantage May Be Short-Lived as Declining Interest Rates Spur Demand In September, leverage in Brooklyn’s real estate markets shi
Elegran Manhattan Market Update: October 2024
Rihards Gederts - Elegran | Forbes Global Properties Overall Manhattan Market Update: October 2024 More Demand, Less Supply: Renewed Buyer Activity as Interest Rates Decline In September, the Federal Reserve cut interest rates by 50 basis points—the first reduction in four years and the largest sinc
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