KELLER WILLIAMS NYC | 379 Broadway New York, NY 10013

646.677.0676 |

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April Market Update 2018

After a considerably more brisk April than was expected, it seems that we are finally going to enjoy some well-deserved spring weather here in New York City. Meanwhile, the sales market moved at a hotter pace than 2018’s first quarter, which was notably slow moving. While there is still an underlying hesitation in the market, buyers were more active than any other month so far this year. Due to rising interest rates, unease surrounding the new federal tax law, and bloated inventory in certain segments of the market it appears that buyers have been reassessing where value exists. Sellers that have not nimbly adjusted to this changing marketplace have found their properties languishing o