Information brought to you by Inhabit and The Corcoran Group
2017 ended the year in a more stable condition than 2016, as three of the past four quarters registered level or annual increases in closed sales activity. Fourth Quarter 2017 closed sales were essentially unchanged from last year. Signed contracts fell 14% year-over-year, mainly due to non-market factors like tax reform that are adding complexity to buyer decision making. Read the full Corcoran Market Report Here and check out the useful slides below for an in-depth look at the Manhattan Market.