Bloomberg on 2Q 2010 Volume Increase
They get it right, making the connection between the volume spike and improvement on Wall Street: Hamptons, New York, home sales more than doubled in the second quarter from a year earlier, solidifying a turnaround after two years of Wall Street reluctance to splurge on beachfront property. Transactions climbed to 479 in the towns on [...]
Property Wire on the Corcoran 2Q 2010 Report
They note that volume is way up — double over 1Q 2010 and make the connection to new hiring on Wall Street: New York’s financial companies added 6,800 jobs between the end of February and May, the largest three month increase since 2008. The industry’s year end bonuses gained an estimated 17% to $20.3 billion [...]
Town and Country Releases 2nd Quarter 2010 Market Report
Their report has been reprinted on luxury real estate and states that volume is up about 120% over 2nd quarter 2009 and the median price is stable. When it gets posted to the T&C site is should appear here.
