Manhattan closed sales dropped nearly 21% in July

According to this week’s market reports, Manhattan closed sales dropped 20.7 percent in July and Harlem posted the highest price growth in Manhattan.   ResidentialRentals | MNSIn July, the average rent in Manhattan rose by 0.44 percent on a month-to-month basis to settle at $4,007. Harlem led the way in terms of price growth, with prices in the neighborhood rising by 4.32 percent compared to same time last year. The biggest bargains were non-doorman one-bedrooms […]

Source: Real Estate

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