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Housing market in Brooklyn on hits 10-year high

…It is the highest median selling price for the borough in more than 10 years, according to New York’s Miller Samuel Inc. and the Douglas Elliman Real Estate brokerage.

As for the buyers who entered the Brooklyn market at 2007’s peak of $540K, they may still not have the equity to sell their home and purchase a new one according to Miller Samuel Inc.’s president, Johnathan Miller….

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