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Sales Pace Slows 25% in Q1

Author
Victor Menasce
Published
Thu 26 Apr 2018
Episode Link
https://podcasters.spotify.com/pod/show/victorjm/episodes/Sales-Pace-Slows-25-in-Q1-e1cif9

We've seen a significant slowdown in real estate sales in NYC in Q1. The hardest impacted segment is the luxury segment. We're seeing signs that Class A properties are overbuilt in several markets. What does this mean, and how does this happen?

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