So, how is the housing market, really?

Have a few spare weeks? You may, then, want to spend them analyzing the latest data about the New York housing market. But even at the end of those weeks, all you may be able to conclude is that the record housing boom is over sort of. The latest data, released last week, generally showed a moderation in price increases and a rise in time homes spent on the market for the third quarter of 2005. But some homes studios and one-bedrooms, for instance also experienced price spikes. more [NYT]