Streeteasy Market report is showing that November sales slowed in comparison to the previous month which is not that unusually that given the cyclical nature of the real estate market. However, they are also predicting appreciation in 2015 to be about half of what it was in 2014. In 2014, year over year values are up about 10%. I think that is probably an accurate analysis of the market under $3 mm where inventory continues to remain tight. Prices have risen to a point that it is hard to imagine appreciation continuing at the same pace.  Continue reading NYC sales slow in November →