Miller Samuel 10 Year Market Report

Interesting to see what the charts would look like in 90/180 days. Think prices will drop on coops to the 2001 levels on price/sqft. Every chart shows that the price per sqft went up as sales went down so that will need to even out ie price/sq ft will need to come down before there will be significant buying activity

JM is the man - very, very valuable information. Can't wait to see the Q1 numbers.

Given the frequent complaints about broker square foot inflation, should we assume the Miller Samuel data is skewed by this inflation as well? If there's no authoritative measurements does JM use the same size claims we see in the listings? If so the real price psf being paid the last few years is even more ridiculous.

qqq no worries - we use our own measurements off floorplans or our own inspection measurements for coops and public record for condos. While broker sq ft is generally larger than Appraisers, I haven't seen it expanding as I late. The spread has remained about the same for more than 2 decades. More times than not the skew is from a seller that is pressing.

OTNYC - thanks! Appreciated.