Housing appreciation up in New York region

The median price of a single-family home in the New York City metro area increased 15.8 percent over the past 12 months to $461,100, according to a recent survey by the National Association of Realtors. The average single-family home appreciated nearly 15 percent over the past 12 months, with homes in only six of the 147 metro areas surveyed losing value. more [CNN/Money]