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Some Manhattan home prices up

Started by hol4
almost 16 years ago
Posts: 710
Member since: Nov 2008
Discussion about
http://www.reuters.com/article/idUSN0110402020100402?type=marketsNews of course this may not mean much, considering its compared against a bad year.. i have no idea where it'll go. i live in a warped reality where i think actual traffic is based on news, and news not based on actual traffic. will have to wait until the real test comes (not bonuses, which will probably improve more).. SATC2 5/28/2010
Response by 30yrs_RE_20_in_REO
almost 16 years ago
Posts: 9881
Member since: Mar 2009

"Prices fell in the single-digits on one and two-bedroom apartments, but they rose on three and four-bedrooms, according to a report by Prudential Douglas Elliman. "

The price variation on larger units ( three and four-bedrooms ) is SO big, that with the sample size they probably used, the margin for error is probably 4 times the the number (which they don't even say what it is).

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