Manhattan sales declined for the fifth consecutive quarter, but there’s reason for optimism, according to Douglas Elliman’s latest market report. The number of sales fell to 2,432 in the fourth quarter of 2018, a dip of 3.3 percent compared to the same time last year. But each successive quarter in 2018 saw the rate of decline decreasing. “The market seems to be resetting to something more sustainable,” said Jonathan Miller, CEO of appraisal firm Miller […]
source https://therealdeal.com/2019/01/03/manhattan-resi-sales-fall-for-fifth-quarter-but-the-worst-is-probably-over/
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