The Manhattan Luxury-Home Market Is Screaming: I’m Overpriced!

Bloomberg, Mar. 23, 2018–Oshrat Carmiel
Homes priced at $4 million or more that went into contract in the first 12 weeks of the year had their asking prices cut by an average of 10 percent, the most in data going back to 2012, according to Olshan Realty Inc.

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