Monday 30 March 2020

Luxury contract signings plunge after brokers ordered to stay home

If the real estate industry needed any more proof of the shattering effect of the coronavirus, a tally of last week’s luxury contract signings leaves little room for doubt. There were just two properties above $4 million that went into contract in Manhattan between March 23 and March 29, according to a market report from Olshan Realty. That was down from 14 the week before, and 21 the week before that. The last time there



source https://therealdeal.com/2020/03/30/luxury-contract-signings-plunge-after-brokers-ordered-to-stay-home/

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