Wednesday, 19 September 2018

NYC home prices surpass pre-crisis peak, but savvy investors should have put their money elsewhere

A decade later, New York City housing prices have surpassed the peak levels from before the financial crisis. Sales prices for houses and apartments are 2 percent above the peak levels of November 2006, the Wall Street Journal reported, citing StreetEasy data. Prices are 28.5 percent higher than when the market bottomed in November 2011. People who bought and sold a house or apartment after September 2008 scored gains of 33 percent, or 7.5 percent […]



source https://therealdeal.com/2018/09/19/nyc-home-prices-surpass-pre-crisis-peak-but-savvy-investors-should-have-put-their-money-elsewhere/

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