Market Value of New York Real Estate Shows Signs of Weakening - News Summed Up

Market Value of New York Real Estate Shows Signs of Weakening


New York City assessors are flashing a warning sign about a slowing real-estate market—even though city property-tax bills continue to rise. Market values of existing New York homes, apartment buildings and commercial space rose at the slowest pace in six years, under a new assessment roll released last week. The annual assessments provides a valuation as of Jan. 5 of each year.


Source: Wall Street Journal January 19, 2020 13:52 UTC



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