It ain’t easy…
…to find an apartment! And it ain’t going to be easier anytime soon. The November Real Time Report shows us how the is market continuing to shrink, and honestly, we have a housing shortage of luxury homes in Manhattan. With less on the market, I can only predict that prices will continue to rise at an alarming rate. The extreme upper end will continue to gain strength over the next year and we can expect that a $10 million sale will be run-of-the-mill and deals over $50 million will become less newsworthy. All further proof that New York City is the strongest residential market on the globe.
Shaun Osher is the CEO and founder of CORE.