Manhattan Market Intelligence

With Rents at Record Highs, Is It Time to Reconsider Buying? Manhattan rental prices have reached new highs, with median rents now around $5,000 per month —an all-time record. At the same time, inventory remains tight and demand continues to outpace supply, keeping upward pressure on pricing. Against that backdrop, many are asking the same question … Does it make more sense to rent or buy? What’s Happening in the Rental Market The current rental environment is defined

Manhattan Market Update: What Q1 2026 Tells Us So Far The first quarter of 2026 offered a clearer picture of where the Manhattan market is heading, and in many ways, the results were stronger than expected. According to the recently released Q1 2026 Manhattan Apartment Market Report, both average and median apartment prices moved higher compared to a year ago, with several segments of the market reaching record levels. But as is often the case in New York City, the hea

Rates Aren’t Dropping Anytime Soon and What That Means for NYC Buyers Many buyers have spent the past year waiting for interest rates to come down before entering the market. It’s a reasonable strategy, but recent signals from the Federal Reserve suggest that meaningful rate cuts may take longer than expected. As discussed earlier this year in my analysis of the Fed’s rate pause , the path forward was unlikely to be immediate or straightforward. That outlook now appears t

Is There Really a “Best” Time to Buy a Home in NYC? Buyers often ask whether there’s a “best” time to enter the New York City real estate market. The short answer is yes , but it depends on what you’re optimizing for. Timing in NYC isn’t one-size-fits-all. Each season brings different advantages, and understanding those tradeoffs can help buyers approach the market more strategically. What the Data Suggests Market data consistently points to spring , particularly May,