Podcast dissects Manhattan housing market

A first quarter report released Tuesday from appraisal firm Miller Samuel and brokerage Prudential Douglas Elliman shows that the Manhattan housing market may be bucking the national trend: Rather than cooling, the borough’s housing market has actually heated up a bit from the end of 2005. The median sales price for a Manhattan apartment and the price per square foot both set records in the first quarter. But inventory was up, too, and days on the market increased as well, suggesting that the market is still booming, but not as loudly as during the beginning of 2005. A special podcast with Miller Samuel CEO Jonathan Miller breaks down the first quarter numbers. listen