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Manhattan Inventory Trend Remains Flat as a Pancake in 2013
Posted By Jonathan Miller On June 5, 2013 @ 12:27 pm In Manhattan | Comments Disabled
There has been remarkably little YTD improvement of available co-op/condo supply in Manhattan. This chart reflects co-op, condo and townhouse supply (existing + new dev).
While we are now seeing a little more inventory enter the market, sales are outpacing prior year levels erasing any meaningful gains in supply. This chart illustrates how flat supply has remained in 2013.
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