Monday, July 2, 2007

Manhattan apartments brush off U.S. housing slump

(Reuters) - The median sales price rose to a record $895,000 or 1.7
percent higher than a year earlier and 7.2 percent higher than in
the prior quarter, according to the Prudential Douglas Elliman
Manhattan Market Overview second-quarter report.




The average price per square foot rose 5.2 percent to a record
$1,139 versus the prior year's quarter and 6.4 percent more than
in the first quarter.


Read more at Reuters.com Bonds News

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