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Manhattan Apartment Sales Drop, Universe Trembles

Endtime indicators just keep coming this afternoon! Reports The Real Deal, "The number of apartment sales in Manhattan south of 96th street dropped 16% in July, a report by appraisal company Mitchell, Maxwell & Jackson Inc. said." Lack of inventory, summer malaise?or something far more nefarious?
· Manhattan Apt. Sales Drop 16% in July [The Real Deal]
· MMJ Weekly & Monthly Purchase & Refinance Volume [MMJ]