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New York

Residential market report: The domestic buyer returns

U.S. purchasers ‘sense an opening’ as foreigners pull back in midst of global turmoil

Jeff Blau Merav Shalhon Jeff Schleider
From left: Jeff Blau, Merav Shalhon and Jeff Schleider

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From the March issue: Shortly after headlines proclaimed Manhattan real estate was feeling a “Russian chill” in early 2014, Chinese cash flooded the New York City market. The trend was so pronounced that 2015 was declared the “Year of the Chinese Investor” in these pages. Now, amid global economic turmoil, the residential market here is leaning on the good old domestic buyer to prop up sales. [more]

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Foreign BuyersJeff Blau
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