visualizing The Market / Manhattan real estate fun at Urban Digs
more to come, he promises
Noah Rosenblatt over at Urban Digs has long been working on data sets, and is getting ever so much closer to being able to publish what will be unique information about the Manhattan real estate market. His latest teaser (The August Lull) looks at monthly data for contracts signed and new listings, back to 2008. What he’s focused on is the Very Slow Summer we’ve had (for both contracts and new listings, both starting to slow down in May this year), but what struck me visually was The Lehman Effect.
Look especially at the way contracts signed fell off the cliff from October 2008 through January 2009, then slowly (very slowly) increased during February through April 2009. Nuclear winter, indeed. Of course, you may find other things here that will grab you.
You will see that he says these kind of charts "will be launched very soon". Yes, he’s been saying that for a while now, but stay tuned….
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