Thursday, July 1, 2010

2Q Manhattan Property Prices, Sales Up

Manhattan Property Prices, Sales Up (link)
Just published in TheStreet.com.
- Manhattan property showed positive signs by all metrics.
- Prices up, transactions surged, days on market declined.
- Median price still 13 percent lower than peak reached in 2008.
- Expect gradual increase, rather than V shaped spike, moving forward.

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