
For Manhattan Housing, No Double-Dip (Yet)
Back in April, there was much hand-wringing (and Obama-blaming) when apartment sales prices actually dipped in the first quarter. It turns out the first-time homebuyer tax credits had not so much buoyed the Manhattan housing market as put a kink in its decline that is still being worked out.
The good news was the dip meant a return to the normal, seasonal cycles, and it is reaffirmed today with the release of No. 1-in-our-hearts Jonathan Miller‘s report for Prudential Douglas Elliman. Read More






