SUBSCRIBERS
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand