Real Estate Guides

MANHATTAN RESIDENTIAL SALES REPORT-2ND QUARTER 2014

Market Report provided by The Real Estate Board of New York
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Prices remain high amidst constrained inventory, but price appreciation slows in Q2. Manhattan home prices remained well above last year’s level during the second quarter of 2014 as this year’s spring trading season failed to reverse a year-long trend of dwindling inventory. Although the number of listings increased 10.5 percent over the quarter, total inventory remained nearly 8 percent below last competition between buyers.

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