Condo sales in Manhattan: Almost double from last year

According to a report in the Wall Street Journal the New York real estate market is holding up compared to other slowing cities across the U.S.

Radar Logic’s RPX index, as reported in the Wall Street Journal showed overall, Manhattan condo prices rose 6.7% to $1,017.49 per square foot in May compared with the year-earlier month when Manhattan sales dropped to the lowest level.

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