New York Residential Real Estate Sales Up 63% In First Quarter

NYC Real Estate: Residential Sales Up 63% In First Quarter

New York City's housing market showed signs of recovery in the first quarter of 2010, according to a report released Monday by ResidentialNYC.com, the public real estate listings website of The Real Estate Board of New York.

The report revealed that the value of residential real estate sales soared 63% in the first quarter of 2010 from the deeply-depressed levels of the first quarter of 2009.

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