I have had the pleasure of providing a monthly chart for the Economic Spotlight section of Crain’s New York Business magazine since September 2003. Here is the latest, which appears in the current issue of Crain’s New York Business.
Source: Crain’s New York Business
Go here for a complete archive of my Crains’s New York Economic Spotlight charts that have been published. They are organized by year.
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Jonathan,
With all the inventory coming to the NYC market over the next year or so, how high do you think the absorption rate will get? It must far exceed the 2005 4Q rate, right?
Jonathan,
I know nothing about NY housing other than what you say, nor do I need to. But I do admire your professional approach to market analysis and valuation. You are a sterling example of to the rest of us. Thanks.