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There Are All Kinds of Signs of a High-End Real Estate Slowdown

Tough times for the high end market.
Aerial view of Lower Manhattan on Friday, June 19, 2015.

Aerial view of Lower Manhattan on Friday, June 19, 2015.

Photographer: Craig Warga/Bloomberg

According to real-estate website StreetEasy, 12 of the condos in Manhattan currently listed at over $20 million have had their prices cut by 5 percent or more in recent months, while only 2 of them have seen any increase in their listing price. Among the cuts is a condo at 1 Central Park South. It's been on the market for more than 250 days, and is now on sale at $45.5 million, $6.45 million less than its price a few weeks ago.

That's just one of the indications that the market may be slowing down. Here are some others: