Tag: Prices

Q1 Manhattan market reports highlight high prices + major caveats

The Market of high prices and confusing numbersEnough about me! Let’s talk about what I think about the Manhattan market reports for the first quarter issued by the major firms that got so much media play last week….As typified by

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more actual data / November sales in Manhattan more or less steady

what does “steady” mean? Last month, the number of closed sales just about matched the number closed in November 2006, and prices were considerably higher, but roughly flat compared with the prices in the previous quarter, according to a review

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