NY Realtors: 14% median sale price haircut

Started by anonymous
over 13 years ago
Posts: 8501
Member since: Feb 2006
Discussion about
http://www.nysar.com/files/stats.html “The New York housing market continued to slow down as the year drew to a close with sales falling 19.2 percent in December 2006 compared to the same time period in 2005. The statewide median selling price dropped 14.2 percent in December 2006 compared to December 2005.” While this is statewide, it likely means the outer rings are falling first and the ripples will head for Manhattan. Prepare for a lot of little black arrows pointed downward on StreetEasy. Oh, wait: they're already here.
Response by anonymous
over 13 years ago
Posts: 8501
Member since: Feb 2006

Boom goes Bust!

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