Home sales on Staten Island, and the Bronx experienced significant gains compared to the rest of the city, the New York Post reports, based on recent findings released by the Real Estate Board of New York (REBNY). Sales in the Bronx and Staten Island increased by 35 percent in the first quarter of 2016.
"With growing interest and activity, particularly in the Bronx and Staten Island, home buyers are finding and being attracted to more options at various price levels throughout all five boroughs," sJohn Banks, III, the president of REBNY, said in a press release. "The demand for housing continues to resonate throughout New York City and the strong residential sales activity throughout the city is driving healthy overall price increases."... Read More