Manhattan Home Sales Surge 17% With Cash Buyers Leading the Way

Manhattan Home Sales Surge 17% With Cash Buyers Leading the Way

Manhattan home sales in the second quarter were stronger than they’ve been in almost two years, boosted by cash buyers undeterred by the economic uncertainty created by President Donald Trump’s trade war.

Manhattan deals rose to highest level in nearly two years, defying national trends

The U.S. real estate market may be in the “absolute dumps,” but Manhattan deals are booming. Manhattan sales rose to their highest level in nearly two years in the second quarter, an increase of 16.6 percent over the second quarter of 2024, according to the latest edition of the Elliman Report, which covers Manhattan co-op and condo sales. “While housing demand appears to be cooling across the U.S., Manhattan’s second-quarter metrics remained re…

Manhattan home sales surge 17% with cash buyers leading the way

Manhattan home sales in the second quarter were stronger than they have been in almost two years, boosted by cash buyers undeterred by the economic uncertainty created by US President Donald Trump’s trade war.