Just how bad is it to be a buyer these days? DC, for one, is down to 9.6 months of new condo inventory, down from a 12-month supply of new condos on the market in January. Meanwhile, Manhattan apartment inventory dropped by more than 34 percent, to 4,960 listings, in Q1, representing the biggest plummet in more than a decade. [Urban Turf via Curbed DC; NYT]
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