It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
Three Cents Worth:
Manhattan Inventory Changes Are Wildly Consistent
After releasing that Manhattan phonebook yesterday I was still in 10-year trend mode, so I was curious how consistent inventory was in 2009 given the limited activity in the first half of the year versus the second half of the year. I looked at the month-over-month change in listing inventory in Manhattan. I have inventory captured on a quarterly basis back more than a decade but I didn’t get the idea to capture monthly inventory until about eight years ago, so I had to work with that. (I was also trying to figure out a way to have colored ovals in three consecutive 3CW posts. Okay, admittedly that’s a coincidence.)…
Check out previous Three Cents Worth posts.