Industry NewsMarkets & Economy

NYC home prices rise from 2007

Real estate brief
Published on Oct 7, 2008

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by CareyBot

The average sale price of a New York City home -- which includes co-ops, condos and one- to three-family dwellings -- was $783,000 in the third quarter of 2008, slightly higher than a year earlier but down from first- and second-quarter average sales prices, according to a report released today.