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.
Similar Stories to Manhattan Luxury Condo Sales Skew Apartment Prices: Survey on Bing News
Reuters: Business News, Reuters: Business
Tue, 12/12/2017 - 10:10pm
BING NEWS:
- 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 - Las Vegas high-rise condo prices skyrocket
High-rise condo sales in Las Vegas, led by strength at the Waldorf Astoria, set a record during the first quarter in the average sales price and price per square foot.
05/7/2024 - 8:50 am | View Link - More
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