NEST SEEKERS END OF YEAR REPORT

Market Report provided by Nest Seekers
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DECEMBER 2021 | DECEMBER REPORT: SMART MONEY | Erin Sykes, Chief Economist, Nest Seekers International In 2021, we saw NYC come back with a vengeance, with prices soaring to pre-COVID levels. Now it seems things are starting to see things level out, and after 13 consecutive months of growth, closed sales in New York have declined in back-to-back months. For the last 11 consecutive months, the number of new lease signings increased year over year, but at a slower pace. Nest Seekers opened our new Billionaire’s Row flagship storefront earlier in 2021, thus laying the foundation to capitalize on the city’s bounce back.

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