New York real estate sales hit their highest level in two years, according to the New York City Association of Realtors. 

The Association’s quarterly data, released Monday, showed that sales for all real estate types in the state hit a year-over-year record of $3.2 billion in October. 

As a result, the association said that the market was “still in a period of tremendous excitement” over the next two months, adding that the industry has also experienced a record amount of new listings. 

“We’re seeing a new boom, and I think it’s going to continue,” New York Association of REaltors President and CEO Peter Buiten said in a statement. 

Buiten added that the uptick in sales is likely to fuel more growth as new homes are coming on the market. 

Sales are already the highest they’ve been since the recession hit in 2008. 

Overall, sales in the U.S. rose 8.6% in October from a year earlier, according a report from the National Association of Home Builders. 

In the wake of the housing market crash, real estate investors are increasingly turning to bigger cities for their first homes. 

This year, the U,S.

has seen the largest number of new housing sales since at least 2008.

A record number of people have purchased homes in the Greater Los Angeles metropolitan area, which is home to some of the most expensive real estate markets in the country, including Beverly Hills, Beverly Hills and Beverly Hills. 

While this growth is occurring in more suburban areas, the trend is also occurring in larger cities like New York, where the number of sales has been trending upward for decades. 

Real estate is also surging in some of America’s largest cities. 

Since 2009, sales for residential real estate in the New Orleans metro area have more than doubled, according the city’s real estate association. 

Meanwhile, sales of luxury condos have increased in the Dallas-Fort Worth metro area, where luxury real estate is more popular than ever. 

New York is now home to the fourth largest population in the nation, behind Los Angeles, San Francisco and New York.