CNBCのインスタグラム(cnbc) - 12月17日 00時02分


The average sales price of an apartment in Manhattan? It's expected to top $2 million this year for the first time ever. Manhattan prices have nearly doubled over the past decade. What's lifting this New York City market? Two factors: an increase in new developments, and a rise in the price of existing units. Prices have climbed every year since 2011, but are expected to level off in 2017. A lack of expensive, large new buildings will act to keep prices in check in 2017, alongside rising mortgage rates, which have shot up since the Nov. 8 U.S. election.


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