|1Q2016 Residential Sales Report Recap|
|The REBNY Residential Sales Report for the first quarter of 2016 was released earlier this week. Some of the highlights include increases in total consideration for citywide residential sales and the number of home sales in the city. |
Total consideration in NYC in the first quarter was $10,771,285,122, a seven percent increase from the first quarter of last year. The total number of citywide sales recorded was 11,827, a five percent increase when compared to the first quarter in 2015. The following tables also include the breakdown of these statistics by borough.