loft market trended with overall market in Q3 06 / Miller Samuel finally stands up

Appraiser Jonathan Miller cops to being the reason his Q3 Manhattan Market Overview has been so long delayed in release, but at least it is now out. The short story for Manhattan lofts is that (1) the loft market behaved like the overall market and (2) all price indicators were down this last quarter over the 2d quarter of 2006 (a record setting quarter), but up year-over-year.
 
More analysis when I can apply more brain power to the data. Great stuff (thank you Jonathan!) so take a look for yourself.
 
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