13.08.2010 - NYC real estate market shines amid gloomy recovery
From Xinhua: Real estate brokers elsewhere in the United States may have all the reasons to feel discouraged: The pick-up in housing market soon faded after the expiration of tax rebates. Housing start fell to the lowest point since October. So was developers' confidence, freezing at a 15-month low. However, in New York City, where the financial crisis originated, the sentiment is boiling. No matter residential or commercial, the housing market has been on a fast track to a steady and strong growth. Some even claim that the market has already bidden farewell to the bottom..............................................Full Article: Source
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