Why the housing market in Brooklyn is so expensive

Why the housing market in Brooklyn is so expensive

The cost of housing in Brooklyn has soared nearly 20 percent since last year, to $2.3 million.

The average Brooklyn home costs nearly $1 million, according to Zillow, a real estate data company.

Brooklyn is also among the top-cost cities in the country.

The real estate boom in Brooklyn and Queens is driven by a number of factors, but one of the more noticeable is the rapid rise in the median home price.

The median home in Brooklyn now costs about $1.9 million, while it cost $2 million in 2013, according the Census Bureau.

The gap between the two is the largest in the nation.

The median home cost $1,534,834 in 2017, according Zillock, down 8.3 percent from the year before.

Brooklyn’s median home value is about $2,100,000, up 5.3 percentage points from 2017.

The city’s median rent is about 1,900 dollars a month, up 6.5 percent from 2017, while the median price of a home in Manhattan is about 4,000 dollars, up 7.3 points from 2016.

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