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Property News for 22 June 2020
New York City real estate prices could correct further, says Bess Freedman
CNBC - 22 Jun 2020 20:57
Bess Freedman, CEO of Brown Harris Stevens, joins "Power Lunch" to discuss the real estate market in Manhattan.
Existing home sales plunge in May, but Realtors think that was the bottom
CNBC - 22 Jun 2020 17:04
Sales were down 26.6% annually. That is the largest annual decline since 1982, when interest rates were about 18%.
Home sales down 26.6% vs. one year ago
CNBC - 22 Jun 2020 17:01
CNBC's Diana Olick reports on the latest round of home sales data for the month of May 2020.
Howard Lorber on the future of NYC real estate as the state reopens
CNBC - 22 Jun 2020 15:45
Howard Lorber, executive chairman of Douglas Elliman and CEO of the Vector Group, joins "Squawk Box" to discuss the state of the New York City real estate market amid the coronavirus pandemic.
Manhattan real estate prices could drop 10% this year as New York City attempts to reopen
CNBC - 22 Jun 2020 15:11
New York City is the largest real estate market in the country and it's also the last to reopen. CNBC's Robert Frank joins "Squawk Box" from the top of a new condo tower on Park Avenue with the details.
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