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The Masked Tulip

Manhattan Apartment Sales Plunge 20%

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Sales of previously owned condominiums and co-ops fell 20 percent in the third quarter from a year earlier as potential buyers grew cautious amid more choices, according to a report Tuesday from appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. There were 5,290 resale apartments on the market at the end of September, 53 percent more than the number available in late 2013, the lowest point for listings.

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48 minutes ago, TheCountOfNowhere said:

Your making that up...new York is different, like london., hong Kong, Singapore, Aberdeen and Vancouver

Everywhere is different! Just like the 30m people with tattoos are all individuals!

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Shedlock getting gloomy.

' My expectation, however, is the Fed will not hike. These economic reports are starting to look very ugly and growth expectations in Fed models have been plunging fast. '

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