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Reports And Guides

3Q - 2014 Manhattan Sales

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Report Summary

Manhattan housing prices continued to rise despite more listings being added to the market. Nearly half of all apartment sales went for full asking price or above asking price, the most in five years. Sales volume fell short of prior year records, but has remained high. Luxury prices rose faster than the overall market and new development activity continued to increase. Mortgage rates remained low, demand from foreign investors remained high and employment has grown quickly. Based on current conditions, we anticipate a strong market going into the new year.

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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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