April 5th 2022
Brick Underground
Buyers in Manhattan continue to snap up apartments at record rates. First quarter sales activity was the second highest on record and the highest for any first quarter in 33 years of tracking, according to the Elliman Report. These figures follow a strong fourth quarter, during winter months where buyers aren’t typically this active.
It’s a sign the market is still playing catchup from the disruption of the pandemic and that sellers remain in a strong position.