Thursday 2 July 2020

Manhattan home sales hit 30-year low

Manhattan home sales plunged by the sharpest decline in 30 years this spring as the coronavirus left brokers and buyers on the sidelines. The number of closed condo and co-op sales during the second quarter of the year tanked more than 54 percent from the same time last year, according to a report from Douglas Elliman and appraiser Jonathan Miller. Just 1,357 sales closed, compared to 2,957 closed deals in the second quarter of 2019.



source https://therealdeal.com/2020/07/02/manhattan-home-sales-hit-30-year-low/

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