Manhattan High End Surging, Explaining ACRIS $5M+ Chart

A: Lets check in on the $5M+ market in Manhattan. With a quick check into pending sales for properties with a last ask of $5M+, we can see how strong this segment of the market has been. Now, where these deals close out and how far from peak we are right now is something we will have to wait for. Remember, pending sales measures listings that go from ACTIVE to CONTRACT SIGNED; they have not...