By Oshrat Carmiel
April 2 (Bloomberg) -- Manhattan apartment sales doubled in the first quarter as bargain-hunting buyers scooped up co-ops and condos in a market where resale prices have fallen an average 29 percent since their peak.
The number of sales soared to 2,384 from 1,195 a year earlier, New York appraiser Miller Samuel Inc. and broker Prudential Douglas Elliman Real Estate said today. The median price for a co-op or condo slid 11 percent to $868,000. "
Read More:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aQraOQrodPxg&pos=5
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment