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A warm welcome to our current newsletter. In this edition the focus is on the New York area market, which has had a very positive 12 months. We are also launching a new NY project, called The Aston. Looking at Manhattan first, condo pricing is in general 9% higher than 12 months ago. This equates

MARKET UPDATE I thought it would be beneficial to start this newsletter with an overview of the strong numbers from the NY area in Q3: The number of sales increased 30% over the same period in 2012 Inventory decreased by 21.9% Case-Shiller reports NY prices increased 3.3% over the last year Absorption rate fell to

NEW YORK MARKET UPDATE When analysing the market in the first quarter of this year, it is very clear to see how the Manhattan market has moved from being tilted in the favour of the buyer 18 months ago, to now leaning towards being more of a seller’s market. Inventory has continued to decline at

FLORIDA MARKET UPDATE It is now just over 2 years ago since prices reached their low point in Florida. In fact from August 2010 to March 2012, prices were fairly static, however since then, prices in some markets have grown by around 20%. This has been driven by investors keen to capitalise on the low

NEW YORK MARKET UPDATE When analyzing the market in the first quarter of this year, it is very clear to see how the Manhattan market has moved from being tilted in the favour of the buyer 18 months ago, to now leaning towards being more of a seller’s market. Inventory has continued to decline at