Manhattan Apartment Sales Tumble------2nd Quarter Down 10%, Lowest Since 2009

By Josh Barbanel

Manhattan apartment sales are tumbling, according to new market data, and several brokers said it is a sign that a significant correction is underway as buyers hold back.

Click here to read more.

Source: Manhattan Apartment Sales Sputter

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.

Get Access