defined as all properties priced $2M and above, saw 19 contracts
signed this week, comprised of 13 condos, and 6 houses. The previous week saw 24 deals. Aver-age price per square foot was $1,485, the average discount was 2%, and properties stayed on the market for an average of 113 days.
Stocks Bounce After Heavy Sell-Off As US Inflation Cools
European shares and U.S. stock futures rebounded on Friday as markets stabilized after a week in which global equities have tumbled almost 2%, while the dollar regained ground against the yen.
There was little major reaction to data showing the U.S. personal consumption expenditures index, the Federal Reserve's preferred measure of inflation, cool.