this bustling market

< Previous | Next >

Irelia20150604

Senior Member
Chinese
Hi everyone! I'm not sure the meaning of the phase "this bustling market " here. Does it mean "the bustling housing market of New York"?

the context is as follows:
====
And while housing is exploding citywide -- the number of housing permits granted citywide last year exceeded the permits granted in all of the 1990's -- the two boroughs with the most housing starts in this bustling market are Queens and Brooklyn. Why so many homes? Brooklyn's prime appeal is relatively low cost. ...

source: http://www.nytimes.com/2005/06/19/nyregion/thecity/the-great-awakening.html?_r=0
 
  • < Previous | Next >
    Top