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Monday, June 10, 2013

Manhattan Inventory Trend Remains Flat as a Pancake in 2013

Posted by Jonathan Miller - Wednesday, June 5, 2013, 12:27 PM


[click to expand]

There has been remarkably little YTD improvement of available co-op/condo supply in Manhattan. This chart reflects co-op, condo and townhouse supply (existing + new dev).

While we are now seeing a little more inventory enter the market, sales are outpacing prior year levels erasing any meaningful gains in supply. This chart illustrates how flat supply has remained in 2013.






View the original article here

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