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Manhattan Inventory Survey: Lower-End Lagging?

Today, let's double our graph fun. UrbanDigs analyzes the new apartment inventory below 96th Street in Manhattan that's hit the market in the past seven days and graphs it. Conclusions? "It is suprising to me that there were an equal number of new listings that came to the market for products between $1M-$2M and $0-$500K. I would expect that more listings under $500K will come to market as the lower end products in Manhattan have held up pretty strong in the face of the housing slowdown; probably because buyers have been priced out of the higher end markets and winded up settling for a smaller studio or Junior 1 bedroom."
· Inventory Check: New Listings [UrbanDigs]