Recent years have seen Manhattan rents first fall in 2020 before taking off in 2021. By the end of Q2 2023, average rents are at an all-time high in Manhattan. This first chart is the last 3-years by quarter, followed by 10-Years by year.
30 Year Fixed Mortgage Rate From December 2020 to March 2023, the cost of mortgage money more than doubled. Ten Years of lower-cost money, April 2013 to March 2023 April 1971 to March 2023, the peak of 18.44% was October 1981. The gray bands denotes recessions. Over the previous fifty years, the 30 Year Fixed […]
Ten year charts looking at Downtown residential Condominiums and Co-operatives and Resale and New Development. The fourteen neighborhoods in this study are: Chelsea, East Village, Flatiron, Gramercy, Greenwich Village, Meat Packing, Noho, Nolita, NoMad, Soho, Tribeca, Union Square, and West Village.