REBNY president John Banks
NEW YORK CITY—Overall broker confidence in the city took a hit in the second quarter based on a number of economic and political worries.
However, a deep dive into the survey data shows that commercial brokers in New York City are much more upbeat on market conditions than residential brokers.
The Real Estate Board of New York released its Broker Confidence Index today, which dropped 0.25 from the first quarter to 5.53 out of 10. REBNY officials say that brokers overall remain positive about the real estate market here.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
