…In Manhattan, home to more multimillion-dollar homes than just about anywhere in the U.S., the luxury market is moving at the fastest pace since Lehman Bros. collapsed in 2008, said Douglas Elliman Real Estate in a third-quarter sales overview….
…The average sale price of a luxury co-op or condo in Manhattan was $5.4 million, up 3% from the second quarter but up a little less than 1% from a year earlier, Elliman said.
In Miami, fueled by a lot of wealthy international buyers and New Yorkers, the average price of a luxury condo rose 6.4% year over year in the third quarter to nearly $1.5 million, said another Elliman report, released Thursday….
