NYC Condo Prices Shrink in First Quarter
April 13th, 2009
Condominiums in greater New York City aren't exactly reasonably priced compared to the rest of the country, but they're going for a little less these days. According to a report released by the Real Estate Board of New York, the average condo sales price in the city during the first quarter of 2009 was about $1.16 million, a 10 percent drop from first quarter 2008 prices.
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