This month we see a typical summer market, where there are less activities but buyers and sellers who do choose to transact in the summer tend to be more focused.
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The pace of the New York real estate market picked up in June, with just under 1000 contracts signed and over 800 deals closed in the month, demonstrating much more movement than April and May.
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After a very strong first quarter, the NYC real estate market settled down into a slower pace.
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The Manhattan real estate market bucked the trend of declining market activities and registered a very strong showing in first quarter 2017, which set an optimistic tone for the rest of the year.
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