It may still feel like the worst of times for New York City’s rental market — but months of decline in new activity is finally leveling off. Manhattan’s vacancy rate reached 3.67 percent in June, marking a 14-year high in Douglas Elliman and Miller Samuel’s monthly rental report. May had set a new record, with the rate hitting 2.88 percent. Listing inventory also reached record levels last month, with an 84.7 percent year-over-year jump to
source https://therealdeal.com/2020/07/09/manhattan-rental-vacancy-hits-another-all-time-high/
No comments:
Post a Comment