Coldwell Banker NYC Market Update - 09Jan09 - Europe Call

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- Previews NYC has now concluded a transaction with our office in France.
- 50-75% dropoff in transaction volume in Q4 (preliminary)
- 15-25% reduction in contract prices in Q4 (preliminary)
- Limited market activity in the $5MM to $10MM range.
- Lower long term borrowing rates and tax credits anticipated with incoming Obama administration
Feb
26

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