Copperstones Properties

New York real estate – prices rising wildly but not the inventory

2021 was a remarkable year for the New York real estate market in terms of the number of transactions and demand for properties there. Meanwhile, we have observed a number of new trends emerging in the last year that can be guiding principles for the years to come. For instance, a rising split between luxury coops and condominiums, to buyers being lured by townhouses, to New York investment metrics – the tremendous deal volume indicates these trends in 2021.

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