NY Home Sales Have Hit a High

New York homes sales have hit a 6 year high of $11.3 billion.  According to the New York Daily News, “$11.3 billion in New York City home sales transactions were completed in the third quarter, up a whopping 32% from 2012.”

It’s been reported that rising interest rates and rising rents are a large contributing factor in the boom.

To continue reading about the boom in home sales, please click here.

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http://www.nydailynews.com/life-style/real-estate/new-york-home-sales-hit-six-year-high-11-3b-article-1.1486709

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