3Q 2008 Manhattan Market Reports

Posted on October 3, 2008 by Doug Heddings

Well, the big 3 have released their Manhattan Market reports this morning and here they are:

  1. Prudential Douglas Elliman
  2. Halstead
  3. Corcoran

Again, we would assume the same data sets but the results are not exactly in line.  Prices were (past tense) up from same quarter last year but down from the previous quarter of this year.

I’m much more interested in seeing the 4Q 2008 and 1Q 2009 reports which would grant much more insight into the degree of softening that is currently underway in our residential housing market.

For an excellent analysis of the reports, check out UrbanDigs.

This entry was posted in Market Insight. Bookmark the permalink.

One Response to 3Q 2008 Manhattan Market Reports