One figure shows Manhattan real-estate prices hit a 5-year low at the end of 2019 — and it means buyers are getting more bang for their buck
Average price-per-square-foot in Manhattan dropped to $1,333 in the fourth quarter of 2019, the lowest since 2014, a Friday report from real-estate technology company Compass showed.
Average price-per-square-foot in Manhattan dropped to $1,333 in the fourth quarter of 2019, falling nearly 2% from the previous quarter and roughly 8% from a year earlier, a report by Compass, a real-estate technology company, showed. "For buyers there's a better opportunity now in the market to have more negotiability and flexibility," Rory Golod, New York regional president at Compass, told Markets Insider in an interview. The discount rate rose to 10% in the fourth quarter from 2% a year earlier, showing that buyers can be more aggressive, Golod said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
49% of workers got a pay raise in 2019—here's how to get one in 2020According to a new report from Bankrate.com, 28% of workers received a raise in 2019. Additionally, 12% of workers got a better paying job and 10% got both a raise and a better paying job in the past 12 months. Overall, 49% of workers earned a pay increase in some form, the highest rate since 2016.
Read more »
Kylie Jenner Posted 'One Last Thirst Trap' for 2019, and It's a LotOkay, Kylie.
Read more »
Barack Obama shares his favorite TV shows, movies and music of 2019Former President Barack Obama revealed his annual year-end list of favorite movies, TV shows and songs.
Read more »
The 21 Best TV Shows of 2019If peak TV is proving too overwhelming, here are our picks.
Read more »
Deadline’s Top 10 New Shows Of 2019 Part II: Disaster, Detectives & Did You See #1?SPOILER ALERT: This video contains details of some of the greatest series that television had to offer this year. In fact, it lists the series that Deadline’s Chief TV Critic thinks are the Top 5 N…
Read more »
In 2019, the box office belonged to DisneyDisney dominated American moviegoing in 2019 more than any studio ever has before.
Read more »