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18
JUL
2025
JUL
2025
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Miami-Dade Contract Activity – June 2025
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After years of decline, international buyers are once again shaping New York City’s real estate market in 2025. In the first half of the year, there’s been roughly one foreign buyer for every two foreign sellers—the best ratio since 2020. Last year, that number was far worse, with over three sellers for every buyer.
Sales to foreign buyers have doubled in volume compared to 2024, with most interest coming from Asia. Buyers are focusing on ...
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18
JUL
2025
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JUL
2025
New York City’s hotel sector is having a standout 2025, outperforming the national market despite recent challenges. In the first half of the year, NYC hotels reached an average weekly occupancy rate of 82%, beating the national average by 20 percentage points. Revenue per available room hit $238.93 per night, more than double the U.S. average.
The city welcomed 64 million visitors last year and expects similar numbers in 2025, driven mainly by domestic tourism. ...
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18
JUL
2025
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JUL
2025
Manhattan Market Pulse – July 2025
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Contract activity, or the number of signed contracts, is up 3.1% year over year, but remains 7.8% below the monthly historical average, showing that the market is still performing below typical seasonal levels.
The median sales price for a Manhattan apartment is $1.23M, reflecting a 1.2% increase compared to a year ago. The supply, or the number of units available on the market, has decreased by 2.2% annually.
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18
JUL
2025
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JUL
2025
While much of the U.S. real estate market is slowing down due to high interest rates and economic uncertainty, Manhattan is experiencing a surge in sales. In the second quarter of 2025, residential transactions reached their highest level in the past two years, marking a 16.6% increase compared to the same period in 2024.
Cash deals accounted for a record 69% of all transactions, reflecting the growing presence of affluent buyers who are less ...
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18
JUL
2025
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JUL
2025
South Florida’s condo market is under mounting pressure, especially for aging buildings. A 1,358-square-foot (126 m²) Palm Beach unit in a 60-year-old building was recently cut from $849,000 to $649,000—symbolic of a broader slowdown. While showings remain high, actual buyers are scarce.
The causes are structural. Nearly 87% of the 25,000+ condos for sale are over 30 years old, and since the Surfside collapse, new laws require costly repairs and full reserves—making financing difficult. Many owners struggle to afford special assessments.
International demand, once a key ...
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20
JUN
2025
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JUN
2025