Manhattan Home Resales Rebound After Sellers Agree to Cut Prices
Bloomberg, Apr. 4, 2017–Oshrat Carmiel
Completed purchases of previously owned homes rose 7.7 percent in the first quarter from a year earlier, reversing a stretch of five consecutive periods in which resales declined, according to a report released Tuesday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.
