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Slowing sales halt urban condo projects across markets
Debora Yao reports slowed demand and higher costs pause major condo builds from Philadelphia Old City to Las Vegas and Miami. Builders such as Brown Hill face unsold units while high end projects like Trump Tower Philadelphia push ahead amid market cooling and rising rates.
MENTIONED IN THIS ARTICLE
Deborah Yao
Pres
Philadelphia
Old City
Brown Hill Development
Greg Hill
Allan Comb
Las Vegas
Michael Jordan
Las Ramblas
George Clooney
Ivana Las Vegas
Donald Trump
South Florida
Brickell Bay
Ice
Miami
Fort Lauderdale
Promenade
Palm Beach County
WCI Communities Inc
Bonita Spring
Fla
Florida
Domb
Gleb Nechayev
Torto Wheaton Research
Boston
CB Richard Ellis
National Association of Home Builders
Wells Fargo Housing Market Index
Confia
Jack McCabe
McCabe Research and Consulting
Deerfield Beach
McCabe
Miami-Dade
San Diego
Seattle
Chicago
Orlando
Washington
D.C
Manhattan
Associated Press
Trump Tower
Trump