Manhattan apartment sales fell 18% in Q3 as rates rose and markets declined
EconomíaLas ventas de apartamentos en Manhattan cayeron un 18 % en el tercer trimestre debido a que las tasas aumentaron y los mercados disminuyeron10/04/2022Noticias de Bitcoin Ethereum Manhattan apartment sales fell 18% in the third quarter, as rising mortgage rates and declining stock markets put the brakes on New Yorks real estate comeback. The drop is the first since 2020, and marks a turnaround for the nations largest real estate market, according to a report from Miller Samuel and Douglas Elliman. While prices in the Big Apple remain high − with the average Manhattan apartment price rising 4% over the past year to $1.96 million − price increases are slowing and the inventory of unsold homes is starting to rise. Sales in Manhattan last declined in the fourth quarter of 2020, when they fell by 21%. “The boom in Manhattan has been interrupted,” said Jonathan Miller, CEO of Miller Samuel, a appraisal and research firm. Los lujosos apartamentos de gran altura se ven en Central Park South, cerca de Columbus Circle, en el distrito de Manhattan de Nueva York. Robert Nickelsberg | imágenes falsas Brokers say the drop simply marks a return to normalcy after the artificially high sales of 2021. They say buyers and sellers are