Median home price for NYC metro region spikes

The New York City metro region’s median sales price for a single-family home was $446,500 by the end of 2005, according to recent figures from the National Association of Realtors. That’s well above the median price at the end of 2004, when it was $385,900, and well above the national median price for a single-family home of $207,300. more [WSJ]