These are the NYC neighborhoods with the fastest growing home values

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• New York real estate has seen huge increases in property prices — particularly in the area known as Williamsburg.
• The median home value in the North Side-South Side of Brooklyn rose 41% between 2012 and 2016.
• Six of the top ten New York neighborhoods with rising prices are in Brooklyn. 

New York real estate has an estimated market value around $1.26 trillion as of 2018, according to the New York Department of Finance. Some New York neighborhoods are more popular than others, putting upward pressure on home values and mortgage costs. Below we look into the phenomenon to find the New York City neighborhoods with the fastest-growing home values.

We looked at 2012 and 2016 data on median home values for New York City neighborhoods. Check out our data and methodology below to see where we got our data and how we put it together.See the rest of the story at Business Insider

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