The current scenario of New York homes for sale
The New York homes for sale figures have touched a record of Six Year all time high
sales market value with five boroughs of New York City that include Manhattan, Brooklyn,
Bronx, Queens and Staten Island...
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The current scenario of New York homes for sale
The New York homes for sale figures have touched a record of Six Year all time high
sales market value with five boroughs of New York City that include Manhattan, Brooklyn,
Bronx, Queens and Staten Island showing an increase and highest total sales considerations
since 2007 as per the reports of Real Estate Board of New York (REBNY). This increase in
the total consideration can be linked to the fact that the mortgage rates are continually
increasing thus encouraging buyers in taking decisive actions quickly.
The figures obtained from the REBNY states that the total consideration of residential sales
in the real estate NYC has been the highest in the past six years. Manhattan recorded the
total consideration of $6.6 billion for the last quarter, which is an increase of 32% above the
third quarter of 2012 and is 38% higher than the consideration for the second quarter. The
other borough to follow is Brooklyn with a total sales consideration
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