NYC resi sales hit $12.3B in Q1 2017: REBNY

New York City’s residential market kicked off 2017 on a high note, with $12.3 billion worth of sales, up 15 percent from the prior year, according to a report from the Real Estate Board of New York. Despite the fears of a luxury slowdown contaminating the market, condominium prices in Manhattan, Brooklyn and Queens hit new records in the first quarter of 2017, pushing the city’s overall average sales price up 12 percent to $1.02 […] Read More >>