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New York

Report: 1Q apartment prices spike

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It’s been more than two months since the first quarter of 2006 ended, but a new report from the Real Estate Board of New York says Manhattan apartment prices — guess what? — increased 13 percent from a year ago during that quarter to a median price of $749,000. Condo prices during the first quarter went up 22 percent from the same time last year to a median of $838,000. more [Post]