Column: “The Outlook for Greenwich Residential Real Estate: Boom or Bust?”
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Greenwich Sentinel·
- August 3, 2022·
This year, Greenwich residential real estate prices are up slightly, but unit sales are down as compared with the robust activity stimulated by the pandemic. In the long term, the market is stable, reflecting the lack of major demographic changes and undeveloped land in the region. The Fed’s priority on controlling inflation will mean a continuing rise in mortgage rates and a cooling real estate market.