Tag Archives: real estate market

Luxury Market Still Strong

The upscale real estate market in New York City has more than survived the financial downturn–it is thriving. According to a new article in The Wall Street Journal, prices in the luxury property market continue to rise thanks to a number of high-profile deals in the past year. Commenting on the story, The Real Deal notes that luxury properties in the city are being snapped up at such a fast rate that “the market has begun to perform as well as it did during the market’s peak”.
There are a number of reasons …

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