There’s nothing quite like the looming threat of increased taxation to get real estate deals done. The sale of luxury homes in New York City reached record levels in June ahead of new closing taxes that went into effect on July 1. The peak in sales applied to all homes priced over $2 million, according to an analysis by the Wall Street Journal, and in total about $4.8 billion of property transacted in June — […]
source https://therealdeal.com/2019/08/07/june-was-the-best-month-ever-for-new-yorks-luxury-market-july-is-another-story/
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