Number of apartment contracts signed in Manhattan per month

Manhattan reported 1,070 signed residential apartment contracts in June 2026, a significant 16% year-over-year increase from June 2025 and the most active contract month for the borough post-pandemic. Co-op and condop deals accounted for 58% of transactions, slightly higher than the 55% average of the past two years.

Despite scarce new supply, geopolitical uncertainty, and the passing of a pied-à-terre tax, the first half of 2026 was the strongest since 2022.