Market Updates • 12/11/25
By Wonder-st Team
Hope everyone enjoyed a restorative long weekend filled with great food and even better company!Read More
2025 Market Updates
NYC real estate market updates from 2025—inventory, bidding, rates, and neighborhood trends.
Market Updates • 12/11/25
By Wonder-st Team
Mortgage rates have dropped by nearly 1% since June, unlocking parts of the NYC real estate market that had been in a holding pattern. The high-end segment has been the most active, while first-time buyers remain relatively quiet. Over the past couple of years, roughly two-thirdsRead More
Market Updates • 12/11/25
By Wonder-st Team
August was quiet—as expected during peak vacation season (and yes, I skipped last month’s letter!). But as soon as September arrived, the market woke up. Our listings are drawing more inquiries, and buyers are coming to us with questions again.Read More
Market Updates • 12/11/25
By Wonder-st Team
Three key themes continued to dominate the market over the past couple of months:Read More
Market Updates • 6/3/25
New Construction Spot Light
It’s so clear to me: if you have the down payment and plan to be in the city for a few years, it makes a lot of sense to buy. That said, while there’s been a slight uptick in activity, NYC still very much remains a buyer’s market.Read More
Market Updates • 5/6/25
In April, concerns about tariffs and a potential recession continued to weigh on buyers’ minds. Mortgage rates have remained relatively steady, hovering between the high 6s and low 7s since last November.Read More
Market Updates • 4/6/25
New Construction Highlight
The recent tariffs sent the stock market into a tailspin over the last two days. But just before that, NYC real estate was quietly holding its ground—and even pushing forward.Read More
Market Updates • 3/13/25
Since Feb 19, S&P 500 is down 10%, a fast and furious downward correction from the growing confidence the markets exhibited after the election last year.Read More
Market Updates • 2/12/25
New Development
The New York City real estate market continued to strengthen in January 2025. The past 2.5 years have been particularly challenging for sellers. While our team listed numerous properties, market conditions didn’t support the prices sellers were hoping for, leading many to rent their properties instead.Read More
Market Updates • 1/16/25
New Development Spotlight
The New York City real estate market closed out 2024 on a high note, particularly in the luxury and new construction sectors, where demand is rising and supply is shrinking.Read More