Brooklyn and Queens Home Prices Are Higher Than Ever Before
Manhattan home sales broke records in the second quarter of 2016, but if you thought that buyers in Brooklyn and Queens might catch a break, we’ve got some bad news. According to the latest batch of market reports, prices in those boroughs just keep trending upwards. Douglas Elliman’s report shows that the average sale prices in both boroughs have risen—only 2.2 percent since the beginning of the year in Brooklyn, but in Queens, the price has jumped a whopping 10 percent, to