The Manhattan real estate market bucked the trend of declining market activities and registered a very strong showing in first quarter 2017, which set an optimistic tone for the rest of the year. According to Compass Research, overall number of contracts signed increased 16% YoY, after 5 consecutive quarters of decreases. The UES, in particular, … More The Revival – 1Q17 NYC Real Estate Market Update
We have all assumed a few things about the New York real estate market. But just how true are our assumptions? Please read on! The market has been busy, coming off a fresh injection of energy from the equity rally. However, the fundamental backdrop remains intact: rising rates, luxury end still sluggish and a rental … More Manhattan Real Estate De-Mystified
China imposes new restrictions to cool the overseas investment by its citizens. This will discourage the marginal buyers. But the core Chinese buyers will likely be unfazed. … More China Imposes New Restrictions on Money Going Offshore…And Have the Chinese Given Up NYC Real Estate?