Why Manhattan Home Prices Are Sliding

Why Manhattan Home Prices Are Sliding

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current real estate market dynamics in Manhattan, highlighting the shift towards a buyer's market due to tax law changes and inventory levels. It covers pricing trends, market hotspots, and the impact of mortgage rates. The ultra-luxury segment is analyzed, noting reduced foreign investment and pricing adjustments. The rental market is also explored, focusing on landlord concessions and the bifurcation between high-end and lower-end markets.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has contributed to the shift in control to buyers in the real estate market?

Decrease in mortgage rates

Rise in international buyers

New federal tax law

Increase in property values

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current trend in the resale market inventory?

No significant change

Highest level in 8 years

Stable supply

Decreasing supply

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which market segment is experiencing tightness despite overall market trends?

Ultra-luxury market

Mid-range market

Commercial market

Starter market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is not a primary reason for the slowdown in sales activity?

Affordability issues

High inventory levels

New tax laws

Rising mortgage rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the participation of international buyers changed recently?

Decreased

Remained stable

Fluctuated unpredictably

Increased significantly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the trend in landlord concessions in the rental market?

Stable

Decreasing

Expanding

Non-existent

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the rental market described in terms of its structure?

Uniform

Stable

Unpredictable

Bifurcated