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The Return to Normalcy

Uncategorized // Feb 09, 2009

Dramatic changes in the economy at large have been reflected in the New York City real estate market and beyond. Continued expectations of significant increases in home values year after year are unrealistic. Prognosticators from across the real estate industry foresee prices returning to levels achieved prior to recent stratospheric rises.

The CORE Real Time Report for January highlights these changes by evaluating data from the most recent transactions to provide up to date information regarding the state of the market today.