Manhattan Home Prices Fall Most Since 2010
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Manhattan home prices fell in April by the most in almost a decade. And buyers have pounced.
They signed 1,193 purchase contracts -- more than any month since April 2015, according to a report this week by StreetEasy. The listings website’s price index fell 5.2% from a year earlier to $1.11 million. That was the biggest decline since April 2010, when the index -- which measures changes in resale prices for the same properties over time -- dropped 6.1%.