‘Fewer signed contracts, fewer bidding wars’: A slowdown in Manhattan real estate may be a grim warning for the U.S. housing market

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

‘Fewer signed contracts, fewer bidding wars’: A slowdown in Manhattan real estate may be a grim warning for the U.S. housing market Elevated prices and a cooling market are a double-edged sword for buyers and sellers in NYC, and across the country.

The median sales price for residential properties sold in Manhattan rose to a record high in the second quarter, up 10.6% annually to $1.

25 million, while the average sales price reached its third-highest on record, a report by property appraiser Miller Samuel Inc. and real-estate brokerage Douglas Elliman said this week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Now it's a great time to take interest in modern, eco-friendly construction technology. System3e needs no mortar, it connects in lego-like fashion LEGO_Group and it requires to thermal insulation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines