Thursday, January 6, 2011

City residential market ends 2010 with strong finish

Last year, the city's residential real estate market stabilized with sales levels reaching historically normal levels and sale prices remaining steady, according to a Crain's article. And experts expect much of the same for 2011.

While the reports for the last quarter of 2010 aren't quite out yet, the article points out that experts say the year ended strong and that they were confident that the New York housing market will remain solid without the help from government incentives. The week leading into Christmas also showed stronger than expected activity.

Read the rest of the article for more details.

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