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Amid Ups, Housing Downers in Parts of New York City

Median Sales Prices Fell in 89 Neighborhoods Last Year From 2013

They’re impossible to escape. The awful, record-setting real-estate numbers jump out of the newspaper, creep into one’s Facebook feed and infiltrate the diner talk.

According to various reports, the average sale price in Manhattan rose 19% last year. Condo prices in brownstone Brooklyn climbed 37%. And for the first time, a property has...

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