Confidence Returning to Manhattan Market

October 5, 2009

New York, NY, October 1, 2009: According to the third quarter Manhattan residential market report released today by Brown Harris Stevens Residential Sales, the effects of the recession on Manhattan have lessened. The average apartment price of $1,274,563 was down 13% from the same period a year ago. This was, however, a slight improvement over [...]

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Blog, editor's notes, news, resources by Mark

U.S. Case-Shiller home prices up 1.6% in July

October 5, 2009

Last week’s Case-Shiller Index showed broad improvement in home prices in July, with a 1.6% price increase among the 20 metros followed by the index. “The rate of annual decline in home price values continues to decelerate and we now seem to be witnessing some sustained monthly increases across many of the markets” says David [...]

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Blog, editor's notes, news, resources by Mark