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Manhattan prices stable in 2017, as luxury takes a breather

Many high-end and ultra-high-end listings face deeper price cuts, more time on the market and fewer bidding wars

Published Sun, Dec 31, 2017 · 09:50 PM

    New York

    MANHATTAN'S luxury market took a much-anticipated breather for most of 2017.

    The frenetic pace of activity, long the norm during the recent building boom, slowed. Many high-end and ultra-high-end listings faced deeper price cuts, more time on the market and fewer bidding wars.

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