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In Q1 2021, broker confidence increased 53% in New York City, rising for the second straight quarter after hitting record lows at the height of the pandemic.

According to the Real Estate Board of New York (REBNY) Q1 2021 Quarterly Real Estate Broker Confidence Index, the overall real estate broker confidence index is 6.66 out of 10. That is its highest level since Q4 2019 and a 79%-increase year-over-year.

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