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Reports And Guides

1Q - 2013 Manhattan Sales

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Report Summary

The decline of inventory to near record lows has been the driving force behind the current state of the Manhattan housing market. But despite limited supply and tight credit, buyers are not giving up. More buyers entered the market this year than last, as people sought to take advantage of record-low mortgage rates. With rising demand and shorter marketing times, we are seeing signs of upward price pressure, and the market is moving at a faster pace.  We are excited about the strength of the market and expect these conditions to continue throughout 2013.

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Produced in conjunction with Miller Samuel, a leading independent appraisal firm, our market report series is the benchmark for residential real estate market information and an essential reference source for consumers, the media, financial institutions, government agencies, researchers and other market professionals. Each report provides an analysis of price and sales trends as well as many other metrics to give readers an idea of current conditions as well as historical and emerging market trends.

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