Sales are still falling in Manhattan. The number of residential property trades saw a 16.6 percent year-over-year decrease in the second quarter, according to Douglas Elliman’s latest market report. That marks the third consecutive decline. “The market has reset from the levels we saw in 2017,” said Jonathan Miller, CEO of appraisal firm Miller Samuel and the author of the report. “Sales are still off, and overall price trends are off.” At the same time, […]
source https://therealdeal.com/2018/07/03/manhattan-sales-continue-to-slide-in-q2/
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