An apartment building stands at the Lambert Houses, a Phipps Houses Development low-income housing complex, in the Bronx borough of New York, U.S. (Photographer: Mark Kauzlarich/Bloomberg )

NYC Home Sellers Are Cutting Prices Like It’s 2009—And Then Some

(Bloomberg) -- New York City’s home sellers, tired of waiting for buyers, slashed prices on almost 800 listings in a single week this month, the most in at least 12 years.

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