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New York Real Estate Sees Gain In January

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January ended up being a decent month for New York real estate. 21 out of 25 other US markets saw a decline, but January showed sales that were slightly up for New York.

The company’s RPX Monthly Housing Market Report found that for January the change in price per square foot for properties sold varied widely – ranging from gains of 3.9% and 2% in Charlotte, N.C., and New York, respectively, to losses of 25.4% and 27.8% in Las Vegas and Sacramento, Calif. Two metro areas – Milwaukee, and Philadelphia, showed little or no change. Washington, D.C., and Seattle, which had been showing year-over-year appreciation in other months, showed depreciation in January.

New York real estate in January sold for $292.07 per square foot.