Real-estate experts say that the current market is not in “a normal cycle.”
One chief cause of the luxury housing downturn in places like Manhattan is overdevelopment — there’s a glut of new buildings and even more still under construction.
Real-estate experts say that the current market is not in “a normal cycle.”
One chief cause of the luxury housing downturn in places like Manhattan is overdevelopment — there’s a glut of new buildings and even more still under construction.