SEATTLE--(BUSINESS WIRE)--Homebuyers are battling for homes in New York City suburbs and the Bay Area, pushing up prices, according to a new report from Redfin, the real estate brokerage powered by Rocket. Nearly three in five (57.6%) homes in Newark, NJ, sold above their original asking price in May, the highest share of the 50 most populous U.S. metros. The Bay Area followed closely behind, with 57.3% of homes in San Francisco and 53.2% in San Jose selling above asking. Nassau County, NY roun.
