NYC’s resi sales slump continues Residential sales in Manhattan dropped 3.3 percent in the fourth quarter of 2018, their fifth straight quarter of decline, according to a Douglas Elliman report. Green shoots, however, could be buried in the rubble. One potential sign of improvement is the rate of decline dropped in each successive quarter. “The market seems to be resetting to something more sustainable,” said Jonathan Miller, CEO of appraisal firm Miller Samuel. The outer […]
source https://therealdeal.com/issues_articles/residential-market-report-11/#new_tab
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