Your Weekly Market update has arrived. Brought to you by the Martin Eiden Team at Compass. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The Martin Eiden Team
at Compass
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NYC Housing Market: Prices, Trends, Forecast 2024
Understanding current trends and price points is crucial before diving into this dynamic market. The typical sale-to-list price ratio is nearing pre-pandemic levels, indicating a shift in power dynamics. Median asking prices reached their peak of $1.1 million in March 2024. The market remains competitive due to a lack of new listings. (Read More)
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Dow Closes Down 600 Points, Nasdaq Enters Correction After Weak Jobs Rpt
Stocks fell sharply this week, as a much weaker-than-anticipated jobs report for July ignited worries that the economy could fall into a recession.
The broad-market index dropped 1.84% to end at 5,346.56. The Nasdaq lost 2.43% to close at 16,776.16, bringing the decline for the tech-heavy index from its recent all-time high to more than 10%.
(Read More)
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