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January 2025 Insights: Emerging Trends in Luxury Real Estate
The luxury real estate sector in New York City continues to capture global attention as it evolves in response to changing market dynamics, buyer preferences, and economic conditions. Whether you're an investor, a buyer, or simply fascinated by the city's high-end market, understanding these trends can offer valuable insight into what's driving demand and shaping the future of luxury living. Here are some key luxury real estate trends to watch in 2025.
Q3 2024 Manhattan & Brooklyn Market Update!
Manhattan’s residential real estate market showed resilience, even as the anticipation of lower mortgage rates temporarily held back some buyers for most of the quarter. When mortgage rates finally began to fall, reaching their lowest level in 1.5 years, buyers responded positively but overall contracts signed remained close to levels seen this time last year.
1Q 2024 Manhattan & Brooklyn Market Update!
In the first quarter we saw signs of improvement in both the Manhattan and Brooklyn markets, but the long-awaited interest rate decreases have yet to make their highly anticipated debut.
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