"Manhattan and Brooklyn Real Estate Market Sees Slight Dip in Sales Amid Rising Interest Rates. Despite a surge in demand for luxury properties, the Manhattan and Brooklyn real estate markets have experienced a modest decline in sales over the past quarter, according to a new report from The New York Times. As interest rates continue to rise, potential homebuyers are becoming increasingly cautious, leading to a slight decrease in the number of properties sold. Meanwhile, prices for high-end apartments in Manhattan's most sought-after neighborhoods remain stubbornly high, with some sellers struggling to find buyers willing to pay the premium prices."
Homes for Sale in Manhattan and Brooklyn The New York Times