Manhattan Apartment Prices Rise at Fastest Pace in Five Years
Friday, July 1st, 2005Bloomberg reports that Manhattan apartment prices surged 30 percent in the second quarter, the fastest pace in five years, as a robust economy, falling mortgage rates and scarcer offerings spurred New Yorkers to pay more for a home.
The average price increased to a record $1.32 million from $1 million a year earlier, as apartments with […]
