Real Estate
Demand for $10 Million-Plus Homes Slows in New York, Hamptons
For the first time in a decade, a “balanced market” is on the table.
Apartment sales at the very top of New York’s skyline are showing signs of a slowdown.
Photographer: Gary Hershorn/Corbis NewsHomes priced at $10 million and up sold briskly in New York City, the Hamptons, and South Florida during the first half of 2022, according to a new report from the brokerage Serhant.
It wasn’t fast enough to outrun the market decline that’s gripped the entire US.