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NYC Real Estate December Market Update
NYC Real Estate December Market Update

What will the market look like in 2018?  The economy is strong as ever, which strengthens the buyer base who is buying to live in NYC.  The negative effects of the tax bill, along with higher interest rates, will likely deter some of the buyers on the margin.  Who will win this tug of war?

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market analysisTracy QiuJanuary 3, 2018market update, nyc condo market, real estate market, residential real estate, nyc real estate, nyc chinese realtor
{New Development} Zaha Hadid, 520 28th St
{New Development} Zaha Hadid, 520 28th St

Aside from being an aesthetic masterpiece, its location just south of the Hudson Yards holds
much appreciation potential.

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New Development NYCTracy QiuDecember 1, 2017nyc luxury market, nyc chinese realtor, nyc real estate, luxury condo nyc, chelsea nyc
NYC Real Estate November Market Update
NYC Real Estate November Market Update

After a soft October, the NYC real estate market did not show further weakening this month, both in terms of prices and marketing time.

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market analysisTracy QiuDecember 1, 2017nyc real estate, nyc realtor, nyc chinese realtor, nyc condo market, real estate market
 NYC Real Estate October Market Update
NYC Real Estate October Market Update

How should I buy or sell in this soft Market?

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market analysisTracy QiuNovember 2, 2017nyc real estate, nyc realtor, nyc chinese realtor, chinese realtor nyc, market update
We are back!
We are back!

After the market finally awoke from the long summer lull, prices for listings that went into contract and closed in September snapped back. Median Sales Price (MSP) for both in contract and closed listings clocked in at 1.2mm, about the same as before summer, but lower than the average MSP of 2016.

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market analysisTracy QiuOctober 16, 2017chinese realtor nyc, international real estate, nyc luxury market, residential real estate
Prices drift lower in August
Prices drift lower in August

Staying true to the seasonality of the month, the NYC real estate market experienced a downshift in both prices and level of activities.

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market analysisTracy QiuSeptember 20, 2017nyc realtor, nyc real estate, chinese realtor nyc, manhattan real estate market trends
Does The Market Really Slow Down In The Summer?
Does The Market Really Slow Down In The Summer?

This month we see a typical summer market, where there are less activities but buyers and sellers who do choose to transact in the summer tend to be more focused. 

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market analysisTracy QiuJuly 18, 2017real estate market, nyc real estate, chinese realtor nyc
Sellers! How to Sell In This Market
Sellers! How to Sell In This Market

The pace of the New York real estate market picked up in June, with just under 1000 contracts signed and over 800 deals closed in the month, demonstrating much more movement than April and May. 

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market analysisTracy QiuJuly 17, 2017nyc realtor, real estate market
Buyers!  The De-Luxing New Condo Market
Buyers! The De-Luxing New Condo Market

After a very strong first quarter, the NYC real estate market settled down into a slower pace.

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market analysisTracy QiuJune 28, 2017nyc real estate, nyc realtor, nyc condo market
The Revival
The Revival

The Manhattan real estate market bucked the trend of declining market activities and registered a very strong showing in first quarter 2017, which set an optimistic tone for the rest of the year. 

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market analysisTracy QiuApril 17, 2017real estate market, manhattan real estate market trends, chinese realtor nyc
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