#condo-market

#condo-market

"Older buildings, even those from the '60s - the buildings that have been well maintained over the years - those are the ones buyers are purchasing," Alfredo Pujol, the Miami Association of Realtors' chairman-elect, told the Miami Herald.

Manhattan witnessed a significant increase in luxury condo transactions, with deals of $10 million or more rising by 67 percent in the second quarter compared to the previous year.

"Especially very small one bedrooms, under 550 square feet, demand is very slow," said Toronto-based real estate broker John Pasalis.