Real Estate

Manhattan pending home sales surge as prices drop to 2015 level, StreetEasy report says

Pending home sales in Manhattan spiked 27% in April from a year ago, reaching the highest level of signed contracts since the spring of 2015, as prices in America’s priciest urban neighborhood dropped, according to StreetEasy. “Early signs tell us that some sellers are finally pricing their homes more realistically and finding buyers when they do so,” said StreetEasy Senior Economist Grant Long.

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