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Reports And Guides

3Q - 2013 Brooklyn Sales

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Report Summary

The Brooklyn housing market has shown the most strength compared to any other borough. Housing prices have set 10-year records and inventory fell to the lowest levels seen in five years. We expect the rising mortgage rates to take some of the edge off of the market frenzy in the coming months. Perhaps thebiggest change in the market going forward are the buyers outside of the borough who sought out Brooklyn as a destination rather than as a more affordable alternative to Manhattan.

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