NYC Behind National Increase

New York City continues to lag the national increase in home sale prices. While the NYC metro area posted its first positive seasonally adjusted increase in three months, the non seasonally adjusted numbers show continuing decline. The nation as a whole is much more positive with the national 10 city index showing an increase of  0.9% to NYC’s 0.2%. For the one year, year over year changes NYC is still the only metro area in the US showing a decline.