Jennyrose Halupka

Walk through a few Manhattan open houses this fall and you might sense it: fewer homes to see, and more people paying attention to the ones that are there. The Compass Manhattan Market Report for Q3 2026 puts numbers behind that feeling, and the story is more encouraging than a drop in listings might suggest. Fewer Homes, But Buyers Still Showed Up New listings fell 28.4% to 2,251, the lowest third-quarter total in the last 10 years. Active inventory ended the quarter at 6,028 homes, down...

Every New York chapter starts somewhere. For a lot of buyers right now, that somewhere comes with a new question: does this home actually count as my home in the eyes of the city? As of July 1, 2026, New York's new pied-à-terre surcharge is officially law — a fresh annual charge on high-value NYC residences that aren't someone's primary home. If you're buying, selling, or already own property in Manhattan, Brooklyn, or anywhere else in the five boroughs, this changes the math on second homes...

Monthly Economic Summary — August 2026 Mortgage rates spent August at the year's highs, and demand has slowed a bit as a result. We're seeing slightly fewer sales contracts each week, along with lower mortgage applications and credit checks. (View data for these three high-frequency indicators here.) The Optimistic Case for Rates A month ago, markets priced roughly a 37% chance the Fed would raise short-term rates at its July meeting. That's now off the table. Heading into the September 16...