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Are Rents Finally Stalling? New York City Says Yes

October 19, 2016 4:30 pm

Recent news reports show that rent across the country may finally be leveling off. New data reported by Bloomberg shows that rent in Manhattan fell 1.2 percent in September, the second year-over-year dip since February 2014. A reason for the dip in price is an over-saturated market, with a construction surge adding many more units to the fold. Bloomberg […]
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