March 28, 2020

Finally, new index tracks Manhattan condo sales

Thank you, Streeteasy.com, for introducing a Condo Market Index (CMI) for sales in Manhattan. No longer do we have to contend with Case-Shiller’s imperfect index, which covers the entire city and surrounding suburbs while ignoring apartment sales. In the chart above, the bottom line represents condo sales volume in all of Manhattan starting in January […]