Manhattan sales volumes were up 13.1% year over year in January-March 2020, according to a Douglas Elliman report, even as median prices declined by a modest 2.6% for the same period.
IN early 2020, New York’s luxury real estate market was finally showing signs of life. There was a large oversupply of new condos, but buyer and seller expectations – never aligned in the best of circumstances – were slowly beginning to move in tandem.
Manhattan sales volumes were up 13.1% year over year in January-March 2020, according to a Douglas Elliman report, even as median prices declined by a modest 2.6% for the same period.
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