New York real estate shines over gloomy US market – Yahoo!7 Finance News

Aug 20, 2010


NEW YORK (AFP) – Unruffled by the moribund US housing sector, New York’s residential property market is booming.

With mortgage rates and property prices at historic lows, the city’s affluent residents are cashing in on the economic conjuncture to get a pad at bargain values.

Real estate agencies are reporting a surge in activity in private home sales in the Big Apple in recent months

via New York real estate shines over gloomy US market – Yahoo!7 Finance News.

Leave a Reply