Market Up, Market Down - What Is Going On?

In an article on April 1, the New York Times reported "The Manhattan real estate market saw declines in price and sales volume in the first three months of 2011."  The article also stated that many of the city's large brokerage firms released their reports on first quarter activity that day.

Most people will focus on the fact that all reports showed some sign of weakness.  But, there is another statement that is equally valuable to consider.  What statement is that...?

"...firms varied in their conclusions"

Data helps to draw conclusions about the marketplace.   Whatever the new data that comes out, ask your agent, (or ask me if you're looking for an agent):  How will you use this market data to get me the best deal?