NYC residential market showing faster improvement than rest of ... by Brooklyn real estate

Sun, 03 Apr 2011 02:00:04 -0500

NYC residential market showing faster improvement than rest of ...

by Brooklyn real estate @ Sun, 03 Apr 2011 02:00:04 -0500
Queens and Brooklyn saw their median prices climb 6.5 percent to $350000 and 3.9 percent to $467600, respectively, during the same time period. Meanwhile, Staten Island and the Bronx saw their median prices stay relatively flat; the former saw a 1.7 percent climb in median price to $376000, while the latter dropped 1 percent to $310000. The progress appears to be outpacing the rest of the country, according to Gregory Heym, chief economist with ... Manhattan Real Estate ...