The New York City real estate market fared better than many others across the country, prices and transaction volume.
It's important to remember that the sales market in 2021 was supercharged, and that distorts year over year comparisons.
The market first went through denial, with sellers refusing to believe that their property couldn’t fetch the price they had in their heads.
New York City’s real estate market slowed dramatically in 2022 after booming in the second half of 2021, but that didn’t mean buyers.
They all tell him the same thing: that they’re kind of, sort of looking and to call them if he spots a place at a great price that checks all of their boxes.
The 1970s were more subdued and reflected the political, economic, and financial concerns of this decade.
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