New Housing Report finds NYC’s Home Prices Rose Modestly in Final Quarter of 2012; Foreclosures Rise City – wide

WASHINGTON, D.C. – April 3, 2013 – (RealEstateRama) — New report from NYU’s Furman Center for Real Estate and Urban Policy finds New York City home prices rose two percent in the final quarter of 2012, while foreclosure activity increased 53 percent over the final quarter of 2011; The Bronx sees promising signs of renewed building activity