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NYC Real Estate Market 2020 Overview

Marco Santarelli

June also marked the first noticeable year-over-year price contraction, coming in 2% below June 2019's median of $735,000. The median house sale price in New York City in Quarter 2 was $660K, up 7% year-over-year. Brooklyn sales activity contracted at the least sharp rate, recording only -21% Y-o-Y in H1.

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