The Real Deal New York

Posts Tagged ‘Correlation’

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    From left: Town Residential’s David Salvatore, Prudential Douglas Elliman’s Sonia Stock and Fredrik Eklund, UrbanDigs’ Noah Rosenblatt and Gary Malin, president of Citi Habitats

    With the stock market posting its best first quarter in 14 years, real estate agents and brokers are beaming about the effect it’s having on interest, sales volume and open house attendance in their day-to-day business, despite little data to definitively confirm a causal relationship between the performance of stocks and the real estate market (see charts prepared for The Real Deal by Miller Samuel after the jump)…. [more]

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