FREE Manhattan Market Charts

  • 1yr - Active Inventory
    Loading
  • 1yr - Pending Sales
    Loading
  • 1yr - Off Market
    Loading

Only $20 / month.

Go To FREE Charts Now...


Will Manhattan's Real "Supply" Please Stand Up

Posted by urbandigs

Mon Jun 30th, 2014 02:47 PM

A: Boy oh boy oh boy. Its been a crazy month for anyone analyzing Manhattan residential real estate inventory stats due to the RLS outage that occurred end of May. You may see some vast differences amongst the major firms out there on statistics such as supply, contract activity/deal volume, and days on market (if DOM is pending sales based and not sales based). Most brokers can relate to this iss ...


Phantom Surge in Supply from Data Feed Issue

Posted by urbandigs

Thu Jun 12th, 2014 07:21 AM

A: We are approaching the end of Q2 and I am getting many emails and calls about the recent surge in supply on the UrbanDigs Manhattan data system. I wrote about what happened a week ago when our data feed went down for 9 days at the end of May, but let me explain the phantom surge again and show you where I think we are in terms of Manhattan supply trends. Here is a chart showing Manhattan Suppl ...


Bubbalicious?

Posted by urbandigs

Tue Jun 10th, 2014 09:36 AM

A: I'm getting asked by so many buyers, readers, and colleagues if I think Manhattan real estate is in a bubble. Short answer: it's hard to be a bubble when mass lending is not occurring for the asset class and there is no major credit element at work. Instead, the buyer pool in general has grown substantially on the backs of 5+ year fed induced reflation surge that took equity markets up over 185 ...


Loading