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Manhattan apartment prices at 6-year high

Wednesday, January 7, 2015 - 05:50
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Price gains are accelerating as demand from domestic and international buyers alike outpaces the number of properties for sale.

New York

MANHATTAN apartment prices have jumped to the highest point since their 2008 peak as buyers competed for a limited supply of homes and deals were completed in new luxury developments.

The median price of all condominiums and co-ops that changed hands in the fourth quarter