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Brooklyn homes sell at fastest pace in 8 years as prices surge 15%
Published Fri, Oct 9, 2015 · 09:50 PM
New York
BROOKLYN homes sold at the quickest pace in at least eight years in the third quarter, extending a surge in demand in New York's outer boroughs that has sent prices soaring to records.
It took 55 days on average for a Brooklyn home to sell, the fastest in data going back to 2007, according to a report Thursday from appraiser Miller Samuel Inc and brokerage Douglas Elliman Real Estate.
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