Posts Tagged ‘CoreLogic’
Weekly Roundup: All signs point to strengthening market in NYC and U.S., owners of luxury homes gild lillies, lighthouse in Chesapeake Bay for saleJanuary 18, 2013
Weekly Roundup: Condo ‘madness,’ price rises, creditworthiness, 1031 exchanges, piece of the Pitt, micro apartments, boomerang buyers, moreNovember 9, 2012
Weekly Roundup: Wily boards, condo prices, housing starts, FICO scores, pocket listings, ghosts, recovery consensus and much moreOctober 19, 2012
Weekly Roundup: Reports reveal strong sales, weak supply in Manhattan despite increasingly tough standards for borrowers everywhereOctober 5, 2012
Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out the other of today’s posts and look for Out and About on Tuesday. And have a very happy Independence Day!
Luxury markets pulls up Q2 average price, though volume declines
Overall sales volume of condominiums and cooperative apartments in Manhattan has been off about 11 percent so far in the second quarter compared with same period last year, according to a Wall Street Journal analysis of the city’s data.
A year ago, the market was bouncing back strongly from the after-effects of the financial crisis.
Prices have remained flat. Data on closings show that median prices in the second quarter were 1.2 percent below prices during the year-earlier period, while average prices rose by 1.5 percent.
The average price for a Manhattan apartment was about $1.39 million in the latest period. The figures are based on closings filed with the city as of 15 days before the end of each quarter.
Russians are invading (more…)