Manhattan Homes See Slowing Sales

The video discusses the current state of the Manhattan housing market, highlighting a slowdown in sales due to uncertainty over salt deductions and a general building glut. Despite this, there hasn't been a significant downturn in prices. The video explores whether this trend indicates a future housing downturn and considers the impact of interest rates, which have recently encouraged home buying. It concludes with a macroeconomic perspective on housing inflation and its cyclical nature.

What factors are contributing to the slowdown in the Manhattan housing market?

How does the current pace of first quarter sales in Manhattan compare to previous years?

What is the key question regarding the potential housing downturn?

What role do interest rates play in the current housing market conditions?

What signs indicate a potential decrease in housing inflation?