Results tagged “dropoff”

Depending on which real estate brokerage's report you read, Manhattan home sales have fallen by either 47% or 58% during the first quarter of 2009. The NY Times, using the 58% number (from a Brown Harris Stevens & Halsted report), put the news in perspective this way: "The drop in sales was worse than the decline in the auto industry. In March, sales at General Motors were off 45 percent from March 2008."