Manhattan Real Estate Sales Plunge 38%, But Cash Deals Hit All-Time Record

CNBC, Apr. 4, 2023–Robert Frank
Manhattan real estate sales fell 38% in the first quarter, as buyers and sellers battled over prices and mortgage rates remained volatile. Overall, cash deals rose to a record 57% of all sales in the quarter, Miller said. At the high end of the market, three-quarters of all sales over $5 million were all cash.
https://www.cnbc.com/2023/04/04/manhattan-real-estate-sales-plunge-38percent-but-cash-deals-hit-record-.html