New York Market Reports

An in-depth look at the New York real estate market

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Manhattan Luxury Market Slows—But Is It Seasonal?

Manhattan Luxury Market Slows—But Is It Seasonal?

Manhattan luxury saw its fourth straight week of lackluster activity, with only 16 contracts signed for high-end homes, according to a weekly report from Olshan Realty. Last week was the fourth in a r  Read more
Manhattan Luxury Logs Big Deals Despite Summer Lull in Activity

Manhattan Luxury Logs Big Deals Despite Summer Lull in Activity

The summer doldrums have hit the Manhattan luxury market, which attracted only 18 buyers in the week ending Sunday, according to a weekly report out Monday from Olshan Realty. The luxury market, which  Read more
Manhattan Luxury Rentals Suffering From Too Much Inventory

Manhattan Luxury Rentals Suffering From Too Much Inventory

Manhattan rentals, similar to residential sales, continued in June to show a divided pattern between the luxury market and lower price tiers. As rents for luxury homes declined, pricing in the rest of  Read more
Prime Properties Outside Manhattan are Booming

Prime Properties Outside Manhattan are Booming

The luxury markets in New York’s outer boroughs and surrounding suburbs are rallying as high-end buyers look for alternatives to ever-pricey Manhattan. Luxury properties in Brooklyn, Queens and Westch  Read more
Thanks to Weak Pound, Foreign Buyers Find Deep Discounts in London

Thanks to Weak Pound, Foreign Buyers Find Deep Discounts in London

Over the last year, the weak pound enabled global investors to get deep discounts on London properties, according to a report released Tuesday by Knight Frank. Compared to a year ago, a U.S. dollar-do  Read more
Manhattan Luxury Home Market Faced With Predictably Slow Week

Manhattan Luxury Home Market Faced With Predictably Slow Week

Manhattan luxury homes saw predictably slow activity during the week of Independence Day, according to a weekly report from Olshan Realty. Buyers signed 18 contracts for homes priced at $4 million or   Read more
Big Apple New Developments See Prices Drop in Second Quarter

Big Apple New Developments See Prices Drop in Second Quarter

Average prices decreased for Manhattan’s new developments for the second straight quarter, according to a second quarter report by Halstead Property Development Marketing. The average price of a unit   Read more
Manhattan Luxury Units See Price Cuts While Bidding Wars Rage Over Homes Under $1M

Manhattan Luxury Units See Price Cuts While Bidding Wars Rage Over Homes Under $1M

Beneath robust home sales in Manhattan, trends affecting the high- and low-end real estate markets continue to diverge: Luxury owners are slashing prices and offering other sweeteners to attract buyer  Read more
Manhattan Luxury Slows in Run-Up to July 4

Manhattan Luxury Slows in Run-Up to July 4

The Independence Day holiday put a cramp in luxury home sales in Manhattan with only 17 contracts signed in the week ending Sunday, according to the weekly Olshan Report on Monday. It’s the lowest tra  Read more
Manhattan Apartment Market Shows Signs of Fizzling

Manhattan Apartment Market Shows Signs of Fizzling

Manhattan apartment sales increased more than 20% in the second quarter compared with the same period last year, while prices rose to new records, according to an analysis of property filings by The W  Read more
Europe’s Luxury Rental Markets See Weak Growth in First Quarter

Europe’s Luxury Rental Markets See Weak Growth in First Quarter

Luxury rentals in the world’s major financial hubs increased 0.5% in the first quarter, according to Knight Frank’s Prime Global Rental Index released Wednesday. On a regional basis, the Middle East s  Read more
‘Affordable Luxury’ Rules in New York City Market

‘Affordable Luxury’ Rules in New York City Market

Luxury housing activity in Manhattan improved slightly in the second quarter of this year compared to last, with 350 contracts signed for high-end homes during that period in 2017 compared to 343 in t  Read more
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