1 in 3 condos that recently sold in Manhattan sold at a loss, according to Brown Harris Stevens. Over the past decade, condo values across NYC are up just 16% — while many other major cities saw higher price growth, per Zillow data on condos and co-ops. Experts point to shrinking demand and sluggish national real estate activity. Learn why Manhattan real estate is cooling off — and what it means for buyers and sellers: https://youtu.be/NCjjQm3pwRw
CNBC Television
1 in 3 condos that recently sold in Manhattan sold at a loss, according to Brown Harris Stevens. Over the past decade, condo values across NYC are up just 16% — while many other major cities saw higher price growth, per Zillow data on condos and co-ops. Experts point to shrinking demand and sluggish national real estate activity. Learn why Manhattan real estate is cooling off — and what it means for buyers and sellers: https://youtu.be/NCjjQm3pwRw
4 days ago | [YT] | 122