Signs of a Top at the Top of NYC’s Real Estate Market
CBS News MoneyWatch, July 4, 2016–Agovino, Theresa
For the quarter ended June 26, the number of contracts signed for New York City apartments selling for $4 million or more fell 15%, to 343, according to Olshan Realty, which specializes in the luxury market. It was the lowest 2nd-quarter volume since 2012.
