REPORT: REAL ESTATE’S POST-RECESSION COMEBACK CONTINUES WITH SALES PRICES AND ACTIVITY ON THE RISE

NEW YORK, NY – April 9, 2013 – (RealEstateRama) — The New York City residential sales market got off to a strong start in 2013 with an increase in activity and a jump in median sales prices citywide, despite the lack of inventory, according to The Real Estate Board of New York (REBNY)’s First Quarter New York City Residential Sales Report.