Similar Stories to Manhattan Luxury Condo Sales Skew Apartment Prices: Survey on Bing News

NEW YORK (Reuters) - A boom in newly built luxury apartments in Manhattan has skewed prices for the overall residential real estate market in the borough and masked a sharp drop in transaction volume over the past five years, a property report on Wednesday showed.

Topics:  york reuters     a   manhattan   luxury   skew   apartment   prices   
BING NEWS:
  • They Bought a New DC Luxury Condo. It Could Collapse.
    When a pair of first-time homeowners moved into a sleek condo in Northwest, they were thrilled. Now they’re afraid their building “could fall over”—and wondering why city inspectors failed to spot its ...
    05/23/2024 - 12:01 am | View Link
  • Streak of Strong Luxury Sales Continues in Manhattan
    Last week was another robust one for Manhattan’s luxury real estate market, with 30 contracts inked for $4 million or more, according to a report from Olshan Realty on Monday.
    05/20/2024 - 5:09 am | View Link
  • High Prices Meet High Demand In Houston, ‘The Most Interesting Condo Market In The Country’
    Houston's luxury condo market is making strides despite being a small part of the region's housing stock and carrying a high price tag.
    05/16/2024 - 2:01 pm | View Link
  • Sellers face reality of downtown condo slump while other luxury markets soar
    While luxury-priced homes are in demand in other neighborhoods and in the suburbs, sellers of downtown condos are listing their homes with little or no expectation they'll profit.
    05/14/2024 - 6:02 am | View Link
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