Manhattan home sales plunge to the slowest pace since 2009 as buyers fight for bigger discounts
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- The pace of condo and co-op sales in Manhattan slowed in the first quarter to an almost nine-year low, according to the real-estate appraiser Miller Samuel and Douglas Elliman Real Estate.
- Buyers got more aggressive about negotiating discounts amid rising mortgage rates and uncertainty about the new tax law's effects.
Manhattan home sales slowed to the lowest levels in nearly a decade last quarter as buyers more forcefully negotiated discounts.
In the first quarter... Читать дальше...