REBNY CONFIDENCE INDEX: NYC REAL ESTATE BROKERS REPORT DIP IN CONFIDENCE IN THIRD QUARTER 2013

NEW YORK, – November 12, 2013 – (RealEstateRama) — New York City real estate brokers reported a dip in confidence in the current real estate market in the third quarter of 2013 compared to the last quarter due to concerns about residential inventory and political uncertainty. The city’s brokers also lowered expectations for their six-month outlook, even though they reported strong confidence in present financing conditions, according to the Real Estate Board of New York’s (REBNY’s) Real Estate Broker Confidence Index released today.


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